Redemption

The return of an investor's principal in a fixed income security, such as a preferred stock or bond; or the sale of units in a mutual fund. A redemption occurs, in a fixed income security at par or at a premium price, upon maturity or cancellation by the issuer. Redemptions occur with mutual funds, at the choice of the investor, however limitations by the issuer may exist, such as minimum holding periods.

Redemption of mutual fund shares from a mutual fund company must occur within seven days of receiving a request for redemption from the investor. Some mutual funds, may have redemption fees attached, in the place of a back-end load. It is important to note which units should be redeemed when choosing to sell mutual funds within a portfolio.


Investment dictionary. . 2012.

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  • REDEMPTION — REDEMPTION, salvation from the states or circumstances that destroy the value of human existence or human existence itself. The word redeemer and its related terms redeem and redemption appear in the Bible some 130 times and are derived from two… …   Encyclopedia of Judaism

  • Redemption — • The restoration of man from the bondage of sin to the liberty of the children of God through the satisfactions and merits of Christ Catholic Encyclopedia. Kevin Knight. 2006. Redemption     Redemption …   Catholic encyclopedia

  • rédemption — [ redɑ̃psjɔ̃ ] n. f. • 980; lat. ecclés. redemptio, de redimere « racheter » → rançon 1 ♦ Relig. chrét. Rachat du genre humain par le Christ, rédempteur des hommes. ⇒ rachat, salut. Le mystère de la Rédemption. Cour. Action, fait de racheter qqn …   Encyclopédie Universelle

  • Redemption — may refer to:In economics:* Redemption value, price of a security before its maturity dateIn religion: * Redemption, a concept referring to forgiveness or absolution for past sins and/or protection from damnation * In Judaism, Pidyon HaBen –… …   Wikipedia

  • Redemption — Rédemption (homonymie) Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Sommaire 1 Religion 2 Cinéma 3 …   Wikipédia en Français

  • Redemption — (engl.) oder Rédemption (franz.), zu deutsch „Erlösung“ ist Titel bzw. Titelbestandteil: des Poème Symhonique „Rédemption“ des französischen Komponisten César Franck eines Reggae Songs von Bob Marley the Wailers, siehe Redemption Song eines… …   Deutsch Wikipedia

  • redemption — re·demp·tion /ri demp shən/ n: the act, process, or fact of redeeming see also equity of redemption, right of redemption re·demp·tive / demp tiv/ adj Merriam Webster’s Dicti …   Law dictionary

  • redemption — Redemption. s. f. v. Rachat. Ce terme est consacré, pour signifier, Le rachat du genre humain par Nostre Seigneur Jesus Christ. Dieu a envoyé icy bas son fils pour la redemption des hommes, pour nostre redemption. le Fils de Dieu a operé nostre… …   Dictionnaire de l'Académie française

  • Redemption 87 — was a short lived East Bay hardcore punk band containing ex members of Unit Pride, Skankin Pickle, and Token Entry, and contained future members of AFI and the Nerve Agents.Their goal was to reclaim hardcore from the crossover heavy metal music… …   Wikipedia

  • redemption — Buying back. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • redemption — (n.) mid 14c., deliverance from sin, from L. redemptionem (nom. redemptio) a buying back, releasing, ransoming, noun of action from pp. stem of redimere to redeem, buy back, from re back (see RE (Cf. re )) + emere to take, buy, gain, procure (see …   Etymology dictionary

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