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Mandatory redemption schedule |
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Mandatory redemption scheduleSchedule according to which bond sinking fund payments must be made.Mandatory redemption schedule Similar MatchesRedemption 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). Right of redemptionRight of redemptionThe right to recover property that has been attached by paying off the debt . Gross redemption yieldGross redemption yieldSee 'redemption yield'. RedemptionRedemptionThe process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale. Extended redemption penaltyExtended redemption penaltyThis 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. Further SuggestionsRedemptionOverhanging redemption penalty Redemption cushion Redemption penalties Redemption penalty overhang Serial redemption Redemption date redemption Redemption redemption price right of redemption Redemption price Redemption charge redemption yield Redemption fee redemption fees Redemption Period redemption date Preferred equity redemption stock (PERC) |
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