Redemption: Difference between revisions
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The purchase and cancellation of outstanding securities through a cash payment to the holder. | 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. | 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. | |||
== See also == | == See also == | ||
Revision as of 13:51, 17 November 2015
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.
