Redeemable The term redeemable may mean: That a security has a maturity date on which the principal will be repaid and the security will be cancelled.
redeemable bond - Related Articles Bond Yield Calculations A bond is a certificate that promises to repay a sum of money borrowed, plus interest, on a specified date, usually years into the future.
3438 Loan Dictionary - I group - Ira (individual Retirement Account), Ira Rollover, Ira/keogh Accounts, Irb, Irr, Irrational Call Option, Irrc, Irredeemable Bond, Irregular Flat, Irregulars Or Imperfects ...
Redeemable: 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.
Redeemable preference Provisions for the redemption of shares at a predetermined date.
redeemable The customer has the option to redeem (cash-in) part or all of an investment before it matures. Depending on the investment, early redemption may entail an interest rate penalty. Tax anticipation bills (TABs) ...
Redeemable security: Security that entitles the holder to receive approximately his proportionate share of the issuer's current net assets (or its cash equivalent) upon presentation of the security to the issuer or its designated representative.
redeemable bond Callable bond. redeemable security Callable security. reduced form model Intensity model.
Redeemable - This means the item is cashable, i.e. able to be converted/changed into cash or its equivalent, e.g. cashable cheque.
Irredeemable bonds Bonds with a fixed maturity but not subject to prior redemption; bonds that cannot be called for redemption by the issuer (payer or obligor) before maturity.
Irredeemable bond A bond lacking a call feature or a right of redemption. Also refers to a perpetual bond. Irrational call option ...
Nonredeemable Not permitted, under the terms of an indenture, to be redeemed. Nonrefundable Not permitted, under the terms of an indenture, to be refundable.
redeemable by the issuer before the scheduled maturity. The issuer must pay the holders a premium price if such a security is retired early.
Redeemable securities are securities in which the condition of the security issue allows the company to repurchase its securities for a specified price at a period in time prior to maturity.
Redeemable Eligible for redemption under the terms of an indenture. Redemption ...
Redeemable share (at the option of the holder) Preferred share which may be redeemed at the option of the holder on a set date and under specified conditions. Redemption fees Fees paid when mutual fund units are sold or redeemed.
A Redeemable Bearer bond which has been drawn, i.e. selected for repayment, and which the holder should return to a specified paying agent, or to the issuer, for payment. Français: Obligation tirée Español: Bono girado Drop ship: ...
Nonredeemable bond with no maturity date that pays regular interest rates indefinitely. Perpetual inventory Perpetual warrants ...
ERV = ending redeemable value of a hypothetical $1,000 payment made at the beginning of the 1-, 5-, or 10-year periods at the end of the 1-, 5-, or 10-year periods (or fractional portion). = ...
Irredeemable Securities Securities, such as some debentures (perpetual debentures) and certain government loan stock (Consols) which do not have a redemption date t...(Read more) ISMA See International Securities Market Association....
Bonds which are redeemable by the issuer prior to the maturity date at a specified price at or above par. Cap The top interest rate that can be paid on a floating-rate security.
irredeemable bond Bond without a call feature or a redemption privilege. Opposite of callable bond. irrevocable The incapacity to be undone.
Also known as a "redeemable bond". Bond Call Features: Don't Get Caught Off Guard Callable Bonds: Leading A Double Life Advanced Bond Concepts ...
Gift Certificates redeemable for services governing rev. procs. 2-16 Change its method of accounting for the cost of smallwares to the smallwares method provided in this Rev. Proc. must follow the automatic change in method of accounting provisions.
Redeemable by the issuer before the scheduled maturity under specific conditions and at a stated price, which usually begins at a premium to par and declines annually.
Perpetual bond Nonredeemable bond with no maturity date that pays regular interest rates indefinitely. Perpetual inventory Recordkeeping system in which book inventory is updated daily.
Under law, such notes are redeemable as money and are considered full legal tender. Bank notes are also called bank bills or bank currency. [OTS] A term used synonymously with paper money or currency issued by a bank.
The investor must buy or sell shares in the market; they are not purchasable or redeemable by the investment company.
^ The Twilight of Irredeemable Debt, Antal E. Fekete ^ See also Antal E. Fekete, G. Edward Griffin and Ludwig von Mises ^ a b Brown, Ellen H. (2007). Web of Debt. Baton Rouge, Louisiana: Third Millennium Press. ISBN 0979560802.
Redemption price Price at which a bond is redeemable before the maturity date. Red herring Industry jargon for a preliminary prospectus issued by underwriters or issuers to gauge interest in a prospective offering.
Citibank's ten-dollar notes, for example, would be redeemable for ten dollars in basic money, and so would notes issued by Chase Manhattan.
Currency that is not fiat money could be either an item of value itself, such as silver coinage or be a note redeemable for something else of value. The gold standard is an example of the latter.
Finally, an even smaller part of the circulating currency is composed of bills that are no longer issued, such as silver certificates, which were redeemable in silver until 1967; bills in denominations between $500 and $100,000, ...
A security redeemable by the issuer before the scheduled maturity. The issuer must pay the holder a premium price if the security is retired early. Most Corporate and Municipal Bonds are callable. US Government issues are generally not callable.
Callable bonds, also referred to as redeemable bonds, are fixed-rate bonds, usually convertible, in which the issuer is entitled to repay the debt prior to the maturity date at a set price, which can be at the par or at a premium.
Callable bonds also known as redeemable bonds, they give the issuer the right to pay off - or call - the outstanding debt after a specified date. This allows the corporation to retire high-interest debt when rates drop and borrow elsewhere.
Unlike most gilts, PIBs are not redeemable, so you have to find a buyer to offload your holding to - usually through a stockbroker. PIBs are less liquid than gilts, as the second-hand market is relatively small.
In most cases, a bond is redeemable at face value on a particular date, and has a fixed rate of interest that is paid at regular intervals through to maturity (see straight bond).
A form of equity capital with attributes of both debt and equity, with variations including convertible preferred, redeemable preferred, and participating preferred.
Redeemable preferred stock In certain circumstances, preferred stock will be redeemable. The issuer will be required to redeem the stock from you either on or before a specified date. Redemption can occur at the par price or for a premium.
The shares are redeemable on demand at their net asset value. The fund invests the pooled assets into various investment vehicles including stocks, bonds, options, commodities and money market securities.
UIT - Unit Investment Trust - An investment company that offers a fixed, unmanaged portfolio, generally of stocks and bonds, as redeemable "units" to investors for a specific period of time.
Because paper money is no longer redeemable in gold or silver bullion, some people think of it as a useless anachronism. Many people prefer cards to paper money. But a lot of people like to use cash… ...
call date The date at which some bonds are redeemable by the issuer prior to the maturity date. call option The right to purchase stock at a specified (exercise) price within a specified time period.
Public Income Notes, represent general, unsecured, unsubordinated obligations of a company that are sold to the general public in small amounts usually $25, trade on the stock exchanges, pay fixed specified quarterly interest payments, are redeemable ...
Much like the GIC, it carries deposit insurance. Comcorp is the name of the industry insurance scheme. GIAs are offered in both redeemable and non-redeemable formats, and pay interest at a fixed rate.
Callable Bonds: Bonds that are redeemable by the issuer prior to the maturity date. This can be done at a specified price or above par.
Perpetual bond Definition: [crh] Nonredeemable bond with no maturity date that pays regular interest ratesDefinition: indefinitely.
Bond Interest-bearing debt security issued by a company, local authority or central government, redeemable on a pre-arranged date for a set amount. Bordereau Confirmation and description of the execution of an exchange order.
The rise in the market value of a discount bond as it approaches maturity (when it is redeemable at par) and not because of falling market interest rates. [ Previous Page ] Personal Finance Glossary ...
REDEEM To cash in shares by selling them back to the mutual fund. Mutual fund shares are redeemable on any business day. REDEMPTION FEE A fee charged by some funds when shares are sold (redeemed).
Not all shares can be redeemed - only those stated to be redeemable when they were issued. The payment for the shares must generally come from reserves of profit so that the capital of the company is preserved.
The shares of mutual funds and UITs are redeemable. Investors buy and sell the shares from and to the fund company at net asset value (NAV) per share at the end of the day.
MUTUAL FUND " A type of investment company that offers for sale or has outstanding securities which it has issued and which are redeemable on demand by the fund at current net asset value.
Closed-end fund - A fund company that issues a fixed number of shares. Its shares are not redeemable, but are bought and sold on stock exchanges or the over-the-counter market.
Accrued Market Discount definition : The rise in the market value of a discount bond as it approaches maturity (when it is redeemable at par) and not because of falling market interest rates. FTSE 100, S&P 500 All In One ...
Long-term Investments include land purchased for speculation, funds set aside for a plant expansion program, funds redeemable from insurance policies (e.g., cash surrender value of life insurance), and investments in other entities.
A relatively new type of savings product that offers a higher interest rate compared to the Canada Savings Bond and is redeemable once a year on the anniversary of the issue date or during the 30 days thereafter without penalty.
Revolving credit and term loan bank facilities Fixed and floating rate senior secured notes Subordinated notes (with and without warrants) Redeemable preferred stock with warrants Convertible debt and preferred stock Common equity ...
Earnings accumulate until maturity, when the bond is redeemable at full face value. Nonetheless, interest is taxable as it accrues. As a result, zero coupon bonds are often used for IRAs, Keoghs and other tax-deferred retirement plans.
See also: Banks, Expense, Saving, Values, Bills
 
|