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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). Redemption feesRedemption feesFees imposed by a mutual fund on shareholders who dispose of shares within a relatively short period after purchase. Redemption PeriodRedemption PeriodA time period during which a mortgage, landcontract, deed of trust, etc., can be redeemed. Usually set by statute, and after judicial foreclosure. Redemption chargeRedemption chargeThe commission a mutual fund charges an investor who is redeeming shares. For example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result in payment of $980 (or 98% of the value) to the investor. This charge may decline or be eliminated as shares are held for longer time periods. 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 dateRedemption redemption Redemption Mandatory redemption schedule Redemption price gross redemption yield Overhanging redemption penalty Redemption fee Redemption penalty overhang Serial redemption Redemption Redemption penalties Redemption cushion Redemption date redemption price Extended redemption penalty redemption yield |
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