- redemption of stock
- A purchase of its own stock by a corporation and its cancellation of the shares. 18 Am J2d Corp § 282.
Ballentine's law dictionary. Anderson, W.S.. 1998.
redemption of stock
Look at other dictionaries:
Preference Equity Redemption Cumulative Stock - PERCS — A convertible preferred stock with an enhanced dividend that is limited in term and participation. Preference equity redemption cumulative stock (PERCS) shares can be converted for shares of common stock in the underlying company at maturity. If… … Investment dictionary
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 yield — noun (finance) The total return from a stock, including annual interest and any capital gain, calculated as a percentage of the price to be repaid at a fixed future date • • • Main Entry: ↑redemption … Useful english dictionary
stock — The goods and wares of a merchant or tradesman, kept for sale and traffic. In a larger sense, the capital of a merchant or other person, including his merchandise, money, and credits, or, in other words, the entire property employed in business.… … Black's law dictionary
redemption — Repayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price. Bloomberg Financial Dictionary The extinguishing of a debt through cash payment. Exchange Handbook Glossary … Financial and business terms
redemption — The realization of a right to have the title of property restored free and clear of the mortgage; performance of the mortgage obligation being essential for that purpose. The right of a debtor, and sometimes of a debtor s other creditors, to… … Black's law dictionary
stock — 1) A fixed interest security issued by the government, local authority, or a company in fixed units, often of £100 each in the UK and $1000 in the USA. They usually have a redemption date on which the par value of the unit price is repaid in full … Accounting dictionary
stock — 1) In the UK, a fixed interest security (see gilt edged security) issued by the government, local authority, or a company in fixed units, often of £100 each. They usually have a redemption date on which the par value of the unit price is repaid… … Big dictionary of business and management
Stock exchange — A stock exchange, share market or bourse is a corporation or mutual organization which provides trading facilities for stock brokers and traders, to trade stocks and other securities. Stock exchanges also provide facilities for the issue and… … Wikipedia
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… … Investment dictionary
