Redemption: Difference between revisions
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imported>Doug Williamson (Link with Redemption value page.) |
imported>Doug Williamson (Layout.) |
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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. | ||
== See also == | == See also == | ||
Revision as of 11:54, 13 May 2016
The purchase and cancellation of outstanding securities through a cash payment to the holder.
More specifically, 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.
