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Preferred equity redemption stock (PERC) |
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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.Preferred equity redemption stock (PERC) Similar MatchesRedemption PeriodRedemption PeriodA time period during which a mortgage, landcontract, deed of trust, etc., can be redeemed. Usually set by statute, and after judicial foreclosure. Redemption priceRedemption priceSee: Call price Redemption cushionRedemption cushionThe percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). RedemptionRedemptionRepayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price. RedemptionRedemptionThe re-purchase of a security, such as a bond or preferred stock, by the issuing company at or before maturity. Further SuggestionsRedemptionRedemption Redemption fee Right of redemption redemption date Redemption penalties Extended redemption penalty Overhanging redemption penalty Redemption statement redemption yield Redemption charge Mandatory redemption schedule Redemption penalty overhang right of redemption redemption price redemption fees Serial redemption Redemption date gross redemption yield |
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