Redemption value

Redemption value

Redemption value is the price at which the issuing company may choose to repurchase a security before its maturity date.cite web | url=http://www.12manage.com/description_redemption_value.html | title=Redemption Value |accessmonthday=November 12 |accessyear=2007 ]

A bond is purchased at a discount if its redemption value exceeds its purchase price. It is purchased at a premium if its purchase price exceeds its redemption value.

References


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Look at other dictionaries:

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  • redemption yield — /rɪ dempʃən ji:ld/ noun a yield on a security including interest and its redemption value …   Dictionary of banking and finance

  • Redemption — • The restoration of man from the bondage of sin to the liberty of the children of God through the satisfactions and merits of Christ Catholic Encyclopedia. Kevin Knight. 2006. Redemption     Redemption …   Catholic encyclopedia

  • Redemption in the Old Testament — • Strictly deliverance by payment of a price or ransom, or simply deliverance by power, as from oppression, violence, or captivity Catholic Encyclopedia. Kevin Knight. 2006. Redemption in the Old Testament     Redemp …   Catholic encyclopedia

  • REDEMPTION — REDEMPTION, salvation from the states or circumstances that destroy the value of human existence or human existence itself. The word redeemer and its related terms redeem and redemption appear in the Bible some 130 times and are derived from two… …   Encyclopedia of Judaism

  • redemption of collateral — A creditor may have a lien on personal property of a debtor where the value of the property is less than the amount due. In that event, the code allows a debtor to pay the creditor the value of the property, rather than the balance due and… …   Glossary of Bankruptcy

  • redemption — re·demp·tion /ri demp shən/ n: the act, process, or fact of redeeming see also equity of redemption, right of redemption re·demp·tive / demp tiv/ adj Merriam Webster’s Dicti …   Law dictionary

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