Preferred Equity Redemption Stock (PERC): Preferred stock that converts automatically into equity at a stated date. A limit is placed on the value of the shares the investor receives.

 

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Preferred Equity Redemption Stock (PERC): Preferred stock that converts automatically into equity at a stated date. A limit is placed on the value of the shares the investor receives.

Redemption Cushion: The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).

Redemption Charge: The commission a mutual fund charges an investor who is redeeming shares. For example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result . . . View Full Definition

Redemption Date: The date on which a bond matures or is redeemed.

Redemption: When a fixed-income investment matures, and you get your investment amount back, the repayment is known as redemption. Bonds are usually redeemed at par, or face value, traditionally $1,000 . . . View Full Definition

Redemption Fee: Some open-end mutual funds impose a redemption fee when you sell shares in the fund, often during a specific, and sometimes brief, period of time after you purchase those shares. The fee is . . . View Full Definition

Redemption Value: The price, stated in the contract, to be paid by a company to repurchase preferred stock.

Redemption Period: A period of time established by state law during which a property owner has a right to redeem real estate after a foreclosure or tax sale by paying the sales price, interest and costs. Note . . . View Full Definition

Redemption Or Call: Right of the issuer to force holders on a certain date to redeem their convertibles for cash. The objective usually is to force holders to convert into common prior to the redemption deadlin . . . View Full Definition

Ratio Of Average Price To Equity: The ratio of average annual High-Low prices to equity capital per share at corporate book value at the beginning of each calendar year.