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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 MatchesRedemption feeRedemption feeA fee some mutual funds charge when an investor sells shares within a specified short period of time. Overhanging redemption penaltyOverhanging redemption penaltyAn early redemption charge that lasts beyond the benefit period is referred to as an extended or overhanging redemption penalty. These should be avoided where possible. Redemption 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. Redemption dateRedemption dateThe actual date on which repayment of a bond or loan stock takes place. 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. Further Suggestionsredemption feesRedemption Redemption date redemption price Extended redemption penalty redemption Redemption penalties redemption yield Redemption cushion Mandatory redemption schedule Preferred equity redemption stock (PERC) Redemption Serial redemption right of redemption Redemption statement Redemption price gross redemption yield Redemption Right of redemption |
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