Redemption: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add definition. Source: Linked pages) |
imported>Doug Williamson (Add definition - source - linked pages.) |
||
| Line 1: | Line 1: | ||
1. | 1. ''Securities.'' | ||
The purchase and cancellation of outstanding securities through a cash payment to the holder. | The purchase and cancellation of outstanding shares or other securities, usually through a cash payment to the holder. | ||
2. ''Debt securities.'' | |||
The paying off or buying back of a debt security by the issuer on or before its stated maturity date. | |||
The redemption can be made at par value or at a premium, as is the custom when exercising a call option. | The redemption can be made at par value or at a premium, as is the custom when exercising a call option. | ||
3. ''Money market funds.'' | |||
A withdrawal by an investor of their investment in the fund. | A withdrawal by an investor of their investment in the fund. | ||
| Line 17: | Line 20: | ||
* [[Call option]] | * [[Call option]] | ||
* [[Exercise]] | * [[Exercise]] | ||
* [[Issued share capital]] | |||
* [[Maturity]] | * [[Maturity]] | ||
* [[Money market fund]] | * [[Money market fund]] | ||
* [[Outstanding share capital]] | |||
* [[Par]] | * [[Par]] | ||
* [[Premium]] | * [[Premium]] | ||
| Line 25: | Line 30: | ||
* [[Redemption value]] | * [[Redemption value]] | ||
* [[Security]] | * [[Security]] | ||
* [[Share]] | |||
* [[Share capital]] | |||
* [[Sinking fund]] | * [[Sinking fund]] | ||
* [[Spens clause]] | * [[Spens clause]] | ||
Latest revision as of 14:08, 13 February 2023
1. Securities.
The purchase and cancellation of outstanding shares or other securities, usually through a cash payment to the holder.
2. Debt securities.
The paying off or buying back of a debt security by the issuer on or before its stated maturity date.
The redemption can be made at par value or at a premium, as is the custom when exercising a call option.
3. Money market funds.
A withdrawal by an investor of their investment in the fund.
