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Right of redemption |
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Right of redemptionThe right to recover property forfeited by foreclosure by paying the outstanding principal owed plus interest.Right of redemptionThe right to recover property that has been attached by paying off the debt .Right of redemption Similar MatchesRedemption statementRedemption 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). Overhanging redemption penaltyOverhanging redemption penaltyAn early redemption charge that lasts beyond the benefit period is referred to as an extended or overhanging redemption penalty. These should be avoided where possible. Redemption feesRedemption feesFees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase. Redemption priceRedemption priceThe price at which a bond or preferred stock can be redeemed by the issuer. 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 SuggestionsRedemption penalty overhangRedemption redemption yield Redemption Period Redemption redemption date Serial redemption Redemption fee Extended redemption penalty gross redemption yield redemption Redemption Redemption cushion Mandatory redemption schedule Redemption charge Redemption penalties Redemption date Redemption price |
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