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Eligible for redemption under the terms of an indenture.


1. In bonds, the act of an issuer repurchasing a bond at or before maturity. Redemption is made at the face value of the bond unless it occurs before maturity, in which case the bond is bought back at a premium to compensate for lost interest. The issuer has the right to redeem the bond at any time, although the earlier the redemption take place, the higher the premium usually is. This provides an incentive for companies to do this as rarely as possible.

2. The act of the issuing company repurchasing stocks or mutual funds. In the case of mutual funds, the repurchase is made at net asset value per share. Stocks may be redeemed in cash or by proration. See also: Proratable factor.
References in periodicals archive ?
made for 62,309,789 new ordinary redeemable shares to be admitted to the
Redeemable for one ticket with the purchase of another ticket of equal value to the Jewels on the Bay Designer Showhouse on Mondays, Jan.
shareholders) up to 100,000,000 new Redeemable Shares at or above the
As noted, SFAS 150 requires the fair market value of all mandatorily redeemable shares to be reflected as a liability.
5% Series A Cumulative Redeemable Preferred Stock will be provided by DRA as it becomes available and is available on DRA's website at www.
The nature of an obligation to repurchase or redeem stock is the issue raised by mandatorily redeemable preferred stock and put options written on an enterprise's own stock.
VCG completed today the conversion of all but $325,000 of its Redeemable Series A Preferred Stock.
Following this transaction, there are 34,212,534 Redeemable Shares
Nasdaq: NPRO, NPROW), a manufacturer of the anti-cancer compound paclitaxel (referred to in some scientific and medical literature as "taxol"*) announced the redemption on May 23, 1996 of the 2,070,000 Redeemable Warrants.
5% Series A Cumulative Redeemable Preferred stock to be paid on December 15, 2006 to shareholders of record on December 1, 2006.
The Company announces that on 28 November 2012 it purchased in the market 25,000 redeemable shares of 1p each ("Redeemable Shares") at a price of 850 pence per share for cancellation.
Nasdaq-NNM: AVRT), an information services company that provides employment background checks to a growing nationwide customer base, today announced that it has elected to extend the expiration date of its Redeemable Warrants from April 30, 1996 to April 30, 1997.