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Tagged: mutual fund, trading account
When a fixed income investment matures, and you get your investment amount back, the repayment is known as redemption.
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 matual fund share.see also redemption.
Redemption is a repayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price.
An redemption is an return of an investor principal is in a fixed income security such as a preferred stock or bond on a sale of unit in a mutual fund an redemption occurs in a fixed income security at par or at a premium price upon maturity or cancelisation of issuer
redemption is 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.
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