Redemption

 

Home
Site Map
Add Term
Search
About Us
Contributors

Redemption

The process of canceling a defeasable title to land, such as is created by a mortgage foreclosure or tax sale.

Redemption

This 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.

Redemption

The re-purchase of a security, such as a bond or preferred stock, by the issuing company at or before maturity.

Redemption

Repayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price.



Redemption

Similar Matches

Redemption fees

Redemption fees

Fees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase.


Redemption cushion

Redemption cushion

The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).


Redemption date

Redemption date

The date on which a bond matures or is redeemed.


Right of redemption

Right of redemption

The right to recover property forfeited by foreclosure by paying the outstanding principal owed plus interest.


Mandatory redemption schedule

Mandatory redemption schedule

Schedule according to which bond sinking fund payments must be made.


Further Suggestions

Redemption fee
redemption yield
redemption price
gross redemption yield
redemption date
Redemption price
Redemption penalty overhang
Extended redemption penalty
Redemption charge
Overhanging redemption penalty
Redemption penalties
Serial redemption
Redemption statement
Redemption Period
Right of redemption
Preferred equity redemption stock (PERC)


 
All rights Reserved. Do not copy without permission.