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Keywords:
Callable,
Repurchase,
Indenture,
Redemption,
Redone
Able to be redeemed prior to maturity. The term usually applies to bonds and...
Capable of being redeemed; subject to repurchase; held under conditions permitting redemption; as, a pledge securing the payment of money is redeemable.
Subject to an obligation of redemtion; conditioned upon a promise of redemtion; payable; due; as, bonds, promissory notes, etc. , redeemabble in gold, or in current money, or four months after date.
same as callable
Eligible for redemption under the terms of the indenture.
able to be converted into ready money; "a cashable check"; "cashable gambling chips"; "redeemable stocks and bonds"
Preferred shares or bonds that give the issuing corporation an option to repurchase the shares or bonds at a stated price.
Eligible for redemption under the terms of an indenture.
Redemption Redemption charge
Preferred shares or bonds that giver the issuing corporation an option to repurchase securities at a stated price. These are also known as callable securities.
This is similar to callable bonds but with one difference. Normally issued by corporations, a redeemable bond may be 'called' by the issuer but not for financial advantage; in other words, the issue may not be redone at a lower coupon rate. Rather, should a company have surplus cash or in the event of a corporate development the bond issue may be retired prematurely.
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