redemption |
|
Definition 1
Finance: Repayment of bonds or other debt securities on or before their maturity date. An issuer-compelled redemption is known as 'call.'
Definition 2
Marketing: Making use of a sales promotion offer such as coupons, discounts, labels, etc., by the consumers for gifts or rewards.
Definition 3
Mortgage: Right of a mortgagor to recover mortgaged property on repayment of the full due amount resulting in a complete annulment of the lender's claim on the property. See also right of redemption.
Definition 4
Mutual funds: Return of the current market value (less fees and charges) of an investor's shares (units), usually within seven days of receiving a request for redemption from the investor.
Definition 5
Pollution control: Return of secondary or waste material (such as bottles, containers, or laser printer cartridges) to the original supplier or manufacturer for a rebate.
email to a friend
print this definition
cite this definition
link to this page
redemption is in the Advertising, Marketing, & Sales, Corporate, Commercial, & General Law, Environment & Pollution Control, Investing and Securities & Futures Trading subjects.
redemption appears in the definitions of the following terms:
non-callable,
embedded option,
domestic bond,
bearer bond,
flat yield,
registered bond,
maturity amount,
call protection,
stock purchase agreement
and
redemption appears in these other terms:
extinguishing of equity of redemption,
redemption value,
redemption price,
equity of redemption,
redemption premium,
redemption period,
right of redemption,
mortgage redemption insurance,
redemption date,
redemption provision
and
This content can be found on the following page:
http://www.businessdictionary.com/definition/redemption.html