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Tagged: mutual fund, trading account
The return of an investor’s principal in a security,such as bond,preferred stock or mutual fund shares,at or prior to maturity.
It is the repayment of bonds or other debt.
A redemption is the return of an investor’s principal in afixed incomesecurity, such as a preferred stock or bond; or the sale of units ina mutual fund. A redemption occurs, in a fixed income securityat parorata premiumprice, 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 minimumholdingperiods.
A redemption is the return of an investors principal in a fixed income security such as a preferred stock or bond
A 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. A redemption occurs, in a fixed income security at par or at a premium price, upon maturity or cancellation by the issuer. Redemption occur with mutual funds, at the choice of the investor, however limitations by the issuer may exist, such as minimum holding periods.
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