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Redemption charge |
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Redemption chargeThe commission a mutual fund charges an investor who is redeeming shares. For example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result in payment of $980 (or 98% of the value) to the investor. This charge may decline or be eliminated as shares are held for longer time periods.Redemption charge Similar MatchesRedemption cushionRedemption cushionThe percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). Redemption feeRedemption feeA fee some mutual funds charge when an investor sells shares within a specified short period of time. Redemption priceRedemption priceThe price at which a bond or preferred stock can be redeemed by the issuer. Serial redemptionSerial redemptionThe redemption of a serial bond. RedemptionRedemptionThe re-purchase of a security, such as a bond or preferred stock, by the issuing company at or before maturity. Further SuggestionsRedemptionRedemption Period Redemption date redemption date Preferred equity redemption stock (PERC) Redemption Redemption gross redemption yield redemption yield Redemption statement Redemption penalties Extended redemption penalty Redemption penalty overhang Mandatory redemption schedule right of redemption Right of redemption Redemption price Overhanging redemption penalty redemption fees |
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