Redemption

Definition:

Repayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Statement billing

Billing method in which the sales for a period such as a month (for which a customer also receives invoices) are collected into a single statement, and the customer must pay all the invoices... Read More

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio