Redemption feeA fee some mutual funds charge when an investor sells shares within a specified short period of time.
Redemption penaltiesRedemption penalties
Charges 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.
The process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale.
Mandatory redemption scheduleMandatory redemption schedule
Schedule according to which bond sinking fund payments must be made.
Redemption cushionRedemption cushion
The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).
Redemption feesRedemption fees
Fees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase.
Further SuggestionsRedemption Period
right of redemption
Right of redemption
Preferred equity redemption stock (PERC)
Redemption penalty overhang
gross redemption yield
Overhanging redemption penalty
Extended redemption penalty