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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 MatchesOverhanging 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. Preferred equity redemption stock (PERC)Preferred equity redemption stock (PERC)Preferred stock that converts automatically into equity at a stated date. A limit is placed on the value of the shares the investor receives. 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 . Mandatory redemption scheduleMandatory redemption scheduleSchedule according to which bond sinking fund payments must be made. Further Suggestionsright of redemptionRedemption Redemption Redemption penalty overhang Redemption date redemption price redemption Redemption statement Redemption fee Redemption charge Redemption price redemption date redemption fees Redemption Redemption penalties Serial redemption gross redemption yield Redemption cushion redemption yield |
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