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


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.


The retirement of a security by repurchase. Although generally used in reference to the repurchase of a bond before maturity, the term also applies to stock and mutual fund shares. See also partial redemption.


When a fixed-income investment matures, and you get your investment amount back, the repayment is known as redemption.

Bonds are usually redeemed at par, or face value, traditionally $1,000 per bond. However, if a bond issuer calls the bond, or pays it off before maturity, you may be paid a premium, or a certain dollar amount over par, to compensate you for lost interest.

You can redeem, or liquidate, open-end mutual fund shares at any time. The fund buys them back at their net asset value (NAV), which is the dollar value of one share in the fund.

References in periodicals archive ?
The buildings are beyond redemption, so that in two phases successively two buildings to be built with a gross floor area (total of approx 3,800 sqm), in which the aforementioned uses are accommodated .
Some lines were beyond redemption but many of the worst had already closed.
I accept that hanging is inhumane, unchristian, immoral and is not a deterrent, but I also believe that some crimes are so heinous and some individuals so incorrigibly evil and beyond redemption that hanging should be an option for the state.
However, it is a shoddy, timber-framed structure which has since been ill-maintained and is sadly now beyond redemption.
Very few people are completely evil and beyond redemption - they are not serving Satan because they can't quote from the Bible from memory.
This is exactly why it's such a problem that so many enviros actually believe, sometimes privately and sometimes not, that our civilization is altogether beyond redemption.
Instead, researchers at the University of Portsmouth found that people with a mental illness and a criminal past were more likely to be given the benefit of the doubt and that young men from disadvantaged backgrounds but no mental illness were considered beyond redemption.
Of course, Tories are beyond redemption for their actions, but surely Lib Dems of good heart can not be proud of their complicity.
This dual conviction that no one is above reproach and that no one is beyond redemption lies at the heart of our faith.
The Syrian oppositions, at least the ones that are beyond redemption in the eyes of Assad, have been screaming for this since the start.
The sense was palpable, however, that Egypt had become a country beyond redemption.
At Christmas, though, even the secular tales play along: The Grinch and Ebenezer Scrooge show that no one is beyond redemption.