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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 MatchesRedemption cushionRedemption cushionThe percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). RedemptionRedemptionRepayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price. Serial redemptionSerial redemptionThe redemption of a serial bond. Redemption dateRedemption dateThe date on which a bond matures or is redeemed. Right of redemptionRight of redemptionThe right to recover property forfeited by foreclosure by paying the outstanding principal owed plus interest. Further SuggestionsRedemption priceRedemption penalty overhang Extended redemption penalty redemption price redemption gross redemption yield redemption yield redemption date Preferred equity redemption stock (PERC) Redemption penalties Redemption fee Redemption Period Overhanging redemption penalty Redemption Mandatory redemption schedule Redemption redemption fees Right of redemption Redemption charge |
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