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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 ?
That means that one must be able to trust God's ability to act redemptively, even though our human efforts will always be flawed.
If the Cathedral of Suffering could be located in the small lake outside Calvin Seminary in Grand Rapids, or maybe there is a quiet spot near Professor Jacobs' Trinity International University in Illinois, I'd wager it would affect redemptively for generations the temper of the biblical, theological, and religious studies programs carried on nearby--and might even become a well-known pilgrimage place.
It may be more accurate to say, for instance, that LeRon Shults relies on trinitarian and eschatological conceptuality as a means for marking out conditions for relating redemptively to the biblical God, i.
That is, in hospitality, the center of gravity lies in neither the host nor the guest but in the God of both, who is discovered redemptively in the meeting.
Selden, however, cannot act redemptively within his culture because he cannot see apart from the cultural forces that form his being: "He saw that all the conditions of life had conspired to keep them apart; since his very detachment from the external influences which swayed her had increased his spiritual fastidiousness, and made it more difficult for him to live and love uncritically" (255).
15) Bediako offers the most developed critique, arguing that Kato's insistence on the exclusive role of the Bible as a revelation of salvation, coupled with his negative appraisal of African traditional religion, blinded him to the possibility that God may be working redemptively among those who have, or had, no access to the Bible.
For Redekop, given the difficulty and complexity of the task, it is unfair to expect that Mennonites could resolve all issues of power redemptively.
In reverse irony, however, the only person who holds his hand out to Dimitri as the prisoner's cart moves away is Kalganov, he whose ill-fitting clothes Dimitri redemptively put on at the inquest to cover his nakedness.
Not only that, but Christian movements and churches that do this will be more effective in initiating redemptive change and healing amidst human brokenness when they incorporate and redemptively exploit the best of what such models have to offer in terms of the lawful processes that undergird the human condition.
Women become fully christomorphic only when one can tell stories of women who acted redemptively as parallel with the Jesus story" (278).
As early as the New Testament and the patristic period these issues were recognized to concern the fidelity and integrity of the church, not simply as an institution ("power") but as a community of faith that keeps alive the memory of Jesus Christ, celebrates and lives the mystery of salvation, and attempts to ensure that it will continue to be redemptively effective in human history.
For Woolf, one avenue for this redefinition takes the form of historical relocation; she projects her sense of the gross materiality of the twentieth century onto a mythologized earlier era, the English Renaissance, and an equally mythologized form of capitalism, mercantilism, which Woolf both can and cannot imagine to have been a species of economics which reverberated with redemptively transcendent promise.