Redemption cushionThe percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).
Gross redemption yieldGross redemption yield
See 'redemption yield'.
Redemption feesRedemption fees
Fees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase.
This is the right of the mortgagor to recover mortgaged property on repayment of the loan and any interest due. This legally means that once you as the borrower have finished repaying the mortgage you took out, the property is yours and the lender has no further claim on it. If you pay of the mortgage ahead of schedule you may face a redemption penalty which compensates the lender for loss of interest.
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.
Right of redemptionRight of redemption
The right to recover property that has been attached by paying off the debt .
Further SuggestionsRedemption Period
Preferred equity redemption stock (PERC)
Mandatory redemption schedule
right of redemption
Redemption penalty overhang
Overhanging redemption penalty