|
|
Mandatory redemption schedule |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
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). Redemption dateRedemption dateThe actual date on which repayment of a bond or loan stock takes place. RedemptionRedemptionThe re-purchase of a security, such as a bond or preferred stock, by the issuing company at or before maturity. 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. Gross redemption yieldGross redemption yieldSee 'redemption yield'. Further SuggestionsRedemption feeright of redemption redemption fees Redemption charge Redemption Redemption Period Redemption date Redemption cushion Redemption price Redemption penalty overhang Overhanging redemption penalty Redemption Serial redemption Redemption Redemption penalties redemption yield Preferred equity redemption stock (PERC) Right of redemption redemption price |
|
|
|