In the context of fixed income securities, return of principal. May occur on maturity or at owner’s discretion through cancellation.

In mutual funds, redemption occurs through sale of units to generate pay back of investment when holder desires.

Random Finance Terms for the Letter S

  • Redeemable
  • Redemption
  • Redemption Charge
  • Redemption Cushion
  • Redemption Suspension
  • Reference Rate
  • Refundable
  • Refunded Bond
  • Refunding
  • Refunding Escrow Deposits