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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 feeRedemption feeA fee some mutual funds charge when an investor sells shares within a specified short period of time. Serial redemptionSerial redemptionThe redemption of a serial bond. Mandatory redemption scheduleMandatory redemption scheduleSchedule according to which bond sinking fund payments must be made. Redemption dateRedemption dateThe actual date on which repayment of a bond or loan stock takes place. 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 SuggestionsRedemption chargegross redemption yield Redemption Period redemption yield Redemption cushion Redemption Redemption penalty overhang Redemption price redemption price Redemption statement Redemption redemption Redemption date Redemption penalties Overhanging redemption penalty Redemption Right of redemption right of redemption redemption fees |
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