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Redeemable |
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RedeemableA security which can be bought back by the original issuer from the purchaser.RedeemableEligible for redemption under the terms of an indenture.Redeemable Similar MatchesIrredeemable bondIrredeemable bondA bond lacking a call feature or a right of redemption. Also refers to a perpetual bond. Redeemable preference sharesRedeemable 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. NonredeemableNonredeemableNot permitted, under the terms of an indenture, to be redeemed. 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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