Gross redemption yield
Gross redemption yieldSee 'redemption yield'.
Redemption priceRedemption price
See: Call price
Redemption cushionRedemption cushion
The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).
Redemption PeriodRedemption Period
A time period during which a mortgage, landcontract, deed of trust, etc., can be redeemed. Usually set by statute, and after judicial foreclosure.
Redemption penalty overhangRedemption penalty overhang
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.
Preferred equity redemption stock (PERC)Preferred equity redemption stock (PERC)
Preferred stock that converts automatically into equity at a stated date. A limit is placed on the value of the shares the investor receives.
Further SuggestionsSerial redemption
Overhanging redemption penalty
Right of redemption
Extended redemption penalty
right of redemption
Mandatory redemption schedule