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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. RedemptionRedemptionThe 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 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 cushionRedemption cushionThe percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). Further SuggestionsRedemption priceRedemption Period redemption price Mandatory redemption schedule Redemption redemption fees Extended redemption penalty redemption yield Preferred equity redemption stock (PERC) gross redemption yield Redemption penalties right of redemption Overhanging redemption penalty Redemption fee Right of redemption Redemption date Redemption Redemption charge Redemption |
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