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Redemption statement |
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Redemption statementThe outstanding amount to be repaid on an existing mortgage. Redundancy insurance Another form of income protection, but one that does not cover any form of sickness, injury or disability. The purpose of this type of policy is to replace income lost through a short to medium term period of redundancy. It provides you with a monthly tax-free income to cover a portion of your lost earnings. It is often sold in conjunction with the accident, sickness and disability element of income protection policies, in which case it is known as Accident, Sickness and Unemployment (ASU).Redemption statement Similar MatchesSerial redemptionSerial redemptionThe redemption of a serial bond. 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 feeRedemption feeA fee some mutual funds charge when an investor sells shares within a specified short period of time. Right of redemptionRight of redemptionThe right to recover property that has been attached by paying off the debt . Gross redemption yieldGross redemption yieldSee 'redemption yield'. Further SuggestionsPreferred equity redemption stock (PERC)redemption price redemption date redemption yield Redemption Overhanging redemption penalty Redemption charge Redemption cushion Redemption price Redemption redemption fees Redemption Period redemption Mandatory redemption schedule right of redemption Redemption penalties Extended redemption penalty Redemption Redemption date |
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