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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 MatchesGross redemption yieldGross redemption yieldSee 'redemption yield'. Redemption feesRedemption feesFees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase. RedemptionRedemptionThis 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 penaltyThis 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 redemptionThe right to recover property that has been attached by paying off the debt . Further SuggestionsRedemption PeriodRedemption charge Redemption statement Redemption fee Preferred equity redemption stock (PERC) Mandatory redemption schedule redemption yield redemption price Redemption redemption date Serial redemption right of redemption Redemption price Redemption date Redemption penalty overhang Redemption penalties redemption Redemption Overhanging redemption penalty |
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