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Redemption cushion |
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Redemption cushionThe percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).Redemption cushion Similar MatchesRedemption penalty overhangRedemption penalty overhangThis 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 chargeRedemption 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 feeRedemption feeA fee some mutual funds charge when an investor sells shares within a specified short period of time. Gross redemption yieldGross redemption yieldSee 'redemption yield'. Right of redemptionRight of redemptionThe right to recover property forfeited by foreclosure by paying the outstanding principal owed plus interest. Further SuggestionsOverhanging redemption penaltyRedemption Redemption penalties Extended redemption penalty Serial redemption redemption date Redemption Preferred equity redemption stock (PERC) Mandatory redemption schedule Redemption statement redemption fees Redemption Redemption date redemption yield Redemption price redemption Redemption Period Right of redemption redemption price |
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