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Redeemable preference shares |
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Redeemable preference sharesPreference shares which the issuing company reserves the right to redeem. The shares may, or may not have a specific redemption date or dates.Similar MatchesIrredeemable bondIrredeemable bondA bond lacking a call feature or a right of redemption. Also refers to a perpetual bond. RedeemableRedeemableA security which can be bought back by the original issuer from the purchaser. NonredeemableNonredeemableNot permitted, under the terms of an indenture, to be redeemed. RedeemableRedeemableEligible for redemption under the terms of an indenture. Irredeemable securitiesIrredeemable securitiesSecurities, such as some debentures (perpetual debentures) and certain government loan stock (Consols) which do not have a redemption date that is there is no date specified for repayment of capital. |
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