Redemption cushionThe percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).
Extended redemption penaltyExtended redemption penalty
This 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 feeRedemption fee
A fee some mutual funds charge when an investor sells shares within a specified short period of time.
Mandatory redemption scheduleMandatory redemption schedule
Schedule according to which bond sinking fund payments must be made.
Redemption PeriodRedemption Period
A time period during which a mortgage, landcontract, deed of trust, etc., can be redeemed. Usually set by statute, and after judicial foreclosure.
The process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale.
Further Suggestionsright of redemption
Preferred equity redemption stock (PERC)
Overhanging redemption penalty
Redemption penalty overhang
gross redemption yield
Right of redemption