Redemption: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add definition. Source: Linked pages) |
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1. | |||
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. | ||
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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. | ||
2. ''Money market funds.'' | |||
A withdrawal by an investor of their investment in the fund. | |||
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* [[Exercise]] | * [[Exercise]] | ||
* [[Maturity]] | * [[Maturity]] | ||
* [[Money market fund]] | |||
* [[Par]] | * [[Par]] | ||
* [[Premium]] | * [[Premium]] | ||
* [[Puttable]] | * [[Puttable]] | ||
* [[Redemption gate]] | |||
* [[Redemption value]] | * [[Redemption value]] | ||
* [[Security]] | * [[Security]] | ||
Revision as of 19:18, 9 July 2022
1.
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.
2. Money market funds.
A withdrawal by an investor of their investment in the fund.
