partial redemption

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Partial Redemption

1. A situation in which an issuer calls part of a bond issue but not the whole thing. That is, if a company issues a callable bond and decides later to redeem a portion before maturity, this is called a partial redemption.

2. In investment companies, the decision of a shareholder to redeem some but not all of his/her shares.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

partial redemption

Redemption by an issuer of less than an entire issue of its securities. For example, a corporation may redeem a portion of an outstanding bond issue.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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