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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 feesRedemption feesFees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase. Right of redemptionRight of redemptionThe right to recover property forfeited by foreclosure by paying the outstanding principal owed plus interest. Gross redemption yieldGross redemption yieldSee 'redemption yield'. RedemptionRedemptionThe process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale. Mandatory redemption scheduleMandatory redemption scheduleSchedule according to which bond sinking fund payments must be made. Further Suggestionsredemption priceredemption date Redemption date Right of redemption Overhanging redemption penalty Redemption Serial redemption redemption Redemption charge Extended redemption penalty Preferred equity redemption stock (PERC) redemption yield Redemption price Redemption Period Redemption cushion Redemption penalties Redemption penalty overhang Redemption fee Redemption |
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