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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 penaltiesRedemption penaltiesCharges paid to the lender in compensation for lost interest if you redeem your mortgage ahead of schedule. During a discount period you will be severely penalised if you try to switch to another product or mortgage provider. Penalties can be stepped just like discounts, and can be particularly severe within the first year. This is to ensure that the costs that the lender endures in setting up the mortgage are always covered. Penalties can be a fixed sum of money, though are often proportion of the loan. With cashback mortgages, you often have to repay the amount of money you received as cashback. Gross redemption yieldGross redemption yieldSee 'redemption yield'. Redemption dateRedemption dateThe date on which a bond matures or is redeemed. Overhanging redemption penaltyOverhanging redemption penaltyAn early redemption charge that lasts beyond the benefit period is referred to as an extended or overhanging redemption penalty. These should be avoided where possible. Right of redemptionRight of redemptionThe right to recover property that has been attached by paying off the debt . Further SuggestionsRedemption feeRedemption charge Serial redemption Redemption redemption fees Redemption Redemption Period redemption Redemption penalty overhang Mandatory redemption schedule Redemption right of redemption Redemption price Extended redemption penalty Preferred equity redemption stock (PERC) redemption date redemption price Redemption statement redemption yield |
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