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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. Gross 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. 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. Right of redemptionRight of redemptionThe right to recover property forfeited by foreclosure by paying the outstanding principal owed plus interest. Further SuggestionsredemptionRedemption Period Redemption price Mandatory redemption schedule Redemption date redemption date Redemption fee Right of redemption Redemption statement redemption yield Serial redemption Overhanging redemption penalty Preferred equity redemption stock (PERC) redemption price Redemption Redemption Redemption Redemption penalties Extended redemption penalty |
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