Business / Finance / Preferred Equity Redemption Stock (PERC): Preferred stock that converts automatically into equity at a stated date. A limit is placed on the value of the shares the investor receives.
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Equity Noun Synonyms: fairness, impartiality, even-handedness, justice, fair play, objectivity, disinterest, fair-mindedness, equitableness, open-mindedness, disinterestedness, neutrality, tolerance, judiciousness, right-mindedness, high-mindedness
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Stock Verb Synonyms: supply, store, inventory, stockpile, reserve, reservoir, cache, hoard, wares, merchandise, goods, selection, assortment, range, variety, array
Stock Adjective Synonyms: livestock, (domestic or farm) animals, cattle, beasts, horses, cows, oxen, sheep, goats
Stock Noun Synonyms: pedigree, bloodline, house, dynasty, (line of) descent, genealogy, extraction, roots, lineage, family, ancestry, parentage, breeding, heritage
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Business / Finance / Redemption Date: The date on which a bond matures or is redeemed. MORE
Business / Finance / Redemption Cushion: The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). MORE
Business / Finance / Redemption Charge: The commission a mutual fund charges an investor who is redeeming shares. For example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result in payment MORE
Business / Finance / Redemption: Repayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price. MORE
Business / Taxes / Redemption Fee: Some open-end mutual funds impose a redemption fee when you sell shares in the fund, often during a specific, and sometimes brief, period of time after you purchase those shares. The fee is usually a MORE
Business / Finance / Redemption Or Call: Right of the issuer to force holders on a certain date to redeem their convertibles for cash. The objective usually is to force holders to convert into common prior to the redemption deadline. Typical MORE