redemption

Repayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price. Bloomberg Financial Dictionary
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The extinguishing of a debt through cash payment. Exchange Handbook Glossary
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The date a security, such as, a bond, preferred stock or mutual fund shares becomes repayable. This is also called the maturity date. Financial Services Glossary
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Certain stocks are repayable at a future date set by the issuing company. London Stock Exchange Glossary
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Sale of an investor's shares or units in a collective investment scheme. NYSE Euronext Glossary

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redemption re‧demp‧tion [rɪˈdempʆn] noun [countable, uncountable] FINANCE
1. an occasion when shares, bonds etc are exchanged for cash from the organization that sold them and made them available:

• The table sets out the amount payable on redemption.

• the redemption value of a security

• Analysts expect another large volume of early redemptions of municipal bonds.

2. the act of paying off a loan or debt:

• the redemption of a mortgage

— see also equity of redemption, yield to redemption

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   The repurchase of a bond at maturity by the issuer.

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redemption UK US /rɪˈdemʃən/ noun [C or U]
FINANCE, STOCK MARKET the act of exchanging shares or bonds for cash: »

Redemptions made by telephone for shares recently purchased by check will not be honored unless the check has cleared.

»

For redemptions of $50,000 or more, you must include a signature guarantee for each owner.

»

redemption requests/orders/penalties

»

redemption proceeds/fees/yields

make/request/submit a redemption »

You may request a redemption or an exchange by calling our Shareholder Service Center.

FINANCE the act of paying back a loan: redemption of debt/a loan/a mortgage »

The nation's largest jewelry retailer reported an 11% rise in earnings for the latest quarter, boosted by higher sales and the early redemption of debt.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • REDEMPTION — REDEMPTION, salvation from the states or circumstances that destroy the value of human existence or human existence itself. The word redeemer and its related terms redeem and redemption appear in the Bible some 130 times and are derived from two… …   Encyclopedia of Judaism

  • Redemption — • The restoration of man from the bondage of sin to the liberty of the children of God through the satisfactions and merits of Christ Catholic Encyclopedia. Kevin Knight. 2006. Redemption     Redemption …   Catholic encyclopedia

  • rédemption — [ redɑ̃psjɔ̃ ] n. f. • 980; lat. ecclés. redemptio, de redimere « racheter » → rançon 1 ♦ Relig. chrét. Rachat du genre humain par le Christ, rédempteur des hommes. ⇒ rachat, salut. Le mystère de la Rédemption. Cour. Action, fait de racheter qqn …   Encyclopédie Universelle

  • Redemption — may refer to:In economics:* Redemption value, price of a security before its maturity dateIn religion: * Redemption, a concept referring to forgiveness or absolution for past sins and/or protection from damnation * In Judaism, Pidyon HaBen –… …   Wikipedia

  • Redemption — Rédemption (homonymie) Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Sommaire 1 Religion 2 Cinéma 3 …   Wikipédia en Français

  • Redemption — (engl.) oder Rédemption (franz.), zu deutsch „Erlösung“ ist Titel bzw. Titelbestandteil: des Poème Symhonique „Rédemption“ des französischen Komponisten César Franck eines Reggae Songs von Bob Marley the Wailers, siehe Redemption Song eines… …   Deutsch Wikipedia

  • redemption — re·demp·tion /ri demp shən/ n: the act, process, or fact of redeeming see also equity of redemption, right of redemption re·demp·tive / demp tiv/ adj Merriam Webster’s Dicti …   Law dictionary

  • redemption — Redemption. s. f. v. Rachat. Ce terme est consacré, pour signifier, Le rachat du genre humain par Nostre Seigneur Jesus Christ. Dieu a envoyé icy bas son fils pour la redemption des hommes, pour nostre redemption. le Fils de Dieu a operé nostre… …   Dictionnaire de l'Académie française

  • Redemption 87 — was a short lived East Bay hardcore punk band containing ex members of Unit Pride, Skankin Pickle, and Token Entry, and contained future members of AFI and the Nerve Agents.Their goal was to reclaim hardcore from the crossover heavy metal music… …   Wikipedia

  • redemption — Buying back. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • redemption — (n.) mid 14c., deliverance from sin, from L. redemptionem (nom. redemptio) a buying back, releasing, ransoming, noun of action from pp. stem of redimere to redeem, buy back, from re back (see RE (Cf. re )) + emere to take, buy, gain, procure (see …   Etymology dictionary

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