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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 priceRedemption priceThe price at which a bond or preferred stock can be redeemed by the issuer. RedemptionRedemptionThis is the right of the mortgagor to recover mortgaged property on repayment of the loan and any interest due. This legally means that once you as the borrower have finished repaying the mortgage you took out, the property is yours and the lender has no further claim on it. If you pay of the mortgage ahead of schedule you may face a redemption penalty which compensates the lender for loss of interest. 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. Redemption feesRedemption feesFees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase. Right of redemptionRight of redemptionThe right to recover property that has been attached by paying off the debt . Further SuggestionsRedemption chargeRedemption price Redemption Period gross redemption yield Redemption penalties redemption Redemption penalty overhang Redemption cushion Overhanging redemption penalty Redemption fee Mandatory redemption schedule Redemption Redemption Redemption date Redemption statement redemption date redemption yield right of redemption Serial redemption |
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