Gross redemption yield

 

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Gross redemption yield

See 'redemption yield'.



Similar Matches

Right of redemption

Right of redemption

The right to recover property that has been attached by paying off the debt .


Overhanging redemption penalty

Overhanging redemption penalty

An 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 penalties

Redemption penalties

Charges paid to the lender in compensation for lost interest if you redeem your mortgage ahead of schedule. During a discount period you will be severely penalised if you try to switch to another product or mortgage provider. Penalties can be stepped just like discounts, and can be particularly severe within the first year. This is to ensure that the costs that the lender endures in setting up the mortgage are always covered. Penalties can be a fixed sum of money, though are often proportion of the loan. With cashback mortgages, you often have to repay the amount of money you received as cashback.


Extended redemption penalty

Extended redemption penalty

This 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 Period

Redemption Period

A time period during which a mortgage, landcontract, deed of trust, etc., can be redeemed. Usually set by statute, and after judicial foreclosure.


Further Suggestions

Redemption fee
Redemption date
redemption
right of redemption
redemption price
redemption fees
Preferred equity redemption stock (PERC)
Redemption penalty overhang
Redemption price
Redemption statement
Redemption
Redemption cushion
redemption date
Redemption
Serial redemption
Mandatory redemption schedule
redemption yield
Redemption charge
Redemption


 
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