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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 dateRedemption dateThe actual date on which repayment of a bond or loan stock takes place. Redemption cushionRedemption cushionThe percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). RedemptionRedemptionThe process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale. Preferred 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. Further SuggestionsMandatory redemption scheduleredemption yield Redemption Period Right of redemption Redemption penalty overhang redemption price gross redemption yield Redemption charge Overhanging redemption penalty right of redemption Redemption date redemption fees Redemption Redemption price Extended redemption penalty redemption Redemption fee Redemption penalties Redemption |
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