Irredeemable: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Source: ACT CFF exam April 2015.) |
imported>Doug Williamson (Link with Perpetuity page.) |
||
| Line 5: | Line 5: | ||
== See also == | == See also == | ||
* [[Bond]] | * [[Bond]] | ||
* [[Perpetuity]] | |||
* [[Preference shares]] | * [[Preference shares]] | ||
* [[Security]] | * [[Security]] | ||
Revision as of 12:59, 28 June 2015
A bond, preference share, or other security which pays periodic coupons or dividends in perpetuity, but never repays the principal.
Also known as 'perpetual'.
