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Redemption price |
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Redemption priceThe price at which a bond or preferred stock can be redeemed by the issuer.Redemption priceSee: Call priceRedemption price Similar MatchesPreferred 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. RedemptionRedemptionThe process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale. Gross redemption yieldGross redemption yieldSee 'redemption yield'. Redemption dateRedemption dateThe date on which a bond matures or is redeemed. Redemption penaltiesRedemption penaltiesCharges 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. Further SuggestionsRight of redemptionRedemption statement redemption Redemption charge Extended redemption penalty Redemption redemption date Redemption penalty overhang Serial redemption right of redemption Redemption fee redemption yield Mandatory redemption schedule Redemption cushion Redemption Period Overhanging redemption penalty Redemption redemption fees |
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