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Gross redemption yield |
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Gross redemption yieldSee 'redemption yield'.Similar MatchesOverhanging redemption penaltyOverhanging redemption penaltyAn early redemption charge that lasts beyond the benefit period is referred to as an extended or overhanging redemption penalty. These should be avoided where possible. Redemption statementRedemption statementThe outstanding amount to be repaid on an existing mortgage. Redundancy insurance Another form of income protection, but one that does not cover any form of sickness, injury or disability. The purpose of this type of policy is to replace income lost through a short to medium term period of redundancy. It provides you with a monthly tax-free income to cover a portion of your lost earnings. It is often sold in conjunction with the accident, sickness and disability element of income protection policies, in which case it is known as Accident, Sickness and Unemployment (ASU). Redemption penalty overhangRedemption penalty overhangThis is where the redemption penalty continues beyond a fixed or capped rate period, effectively tying you in to the much higher variable rate for a period of time after the fixed or capped period. As a result you get stuck paying an uncompetitive rate that eats into the gains you may have made from having the fixed rate or capped ratein the first place. Redemption dateRedemption dateThe actual date on which repayment of a bond or loan stock takes place. Redemption feeRedemption feeA fee some mutual funds charge when an investor sells shares within a specified short period of time. Further SuggestionsRedemption cushionMandatory redemption schedule Redemption date redemption yield Preferred equity redemption stock (PERC) Serial redemption redemption fees Redemption price redemption price Redemption Redemption charge Right of redemption Redemption penalties Redemption Redemption Extended redemption penalty right of redemption redemption Redemption Period |
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