RedemptionThe process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale.
RedemptionThis is the right of the mortgagor to recover mortgaged property on repayment of the loan and any interest due. This legally means that once you as the borrower have finished repaying the mortgage you took out, the property is yours and the lender has no further claim on it. If you pay of the mortgage ahead of schedule you may face a redemption penalty which compensates the lender for loss of interest.
RedemptionThe re-purchase of a security, such as a bond or preferred stock, by the issuing company at or before maturity.
RedemptionRepayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price.
Redemption feesRedemption fees
Fees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase.
Redemption cushionRedemption cushion
The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).
Redemption dateRedemption date
The date on which a bond matures or is redeemed.
Right of redemptionRight of redemption
The right to recover property forfeited by foreclosure by paying the outstanding principal owed plus interest.
Mandatory redemption scheduleMandatory redemption schedule
Schedule according to which bond sinking fund payments must be made.
Further SuggestionsRedemption fee
gross redemption yield
Redemption penalty overhang
Extended redemption penalty
Overhanging redemption penalty
Right of redemption
Preferred equity redemption stock (PERC)