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Redemption Period |
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Redemption PeriodA time period during which a mortgage, landcontract, deed of trust, etc., can be redeemed. Usually set by statute, and after judicial foreclosure.Redemption Period Similar MatchesRedemptionRedemptionThe re-purchase of a security, such as a bond or preferred stock, by the issuing company at or before maturity. Redemption dateRedemption dateThe actual date on which repayment of a bond or loan stock takes place. Redemption cushionRedemption cushionThe percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). RedemptionRedemptionThe process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale. 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. Further SuggestionsRedemption statementRedemption price Redemption charge Serial redemption redemption price redemption fees right of redemption Redemption date Redemption Overhanging redemption penalty redemption yield Redemption Mandatory redemption schedule Redemption fee Preferred equity redemption stock (PERC) Right of redemption Redemption penalties gross redemption yield Redemption penalty overhang |
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