Meaning 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. Typically, an issue is not called away unless the conversion price is 15%-25% below the current level of the common. An exception might occur when an issuer's tax rate is high, and the issuer could replace it with debt securities at a lower after-tax cost
More terms such as Redemption or call in Dictionary R.
- Definition Redemption Date:
- Examples The date on which a bond matures or is redeemed redemption or call definition.
- Definition Riskless Rate Of Return:
- Examples The rate earned on a riskless asset redemption or call explain.
- Definition Return:
- Examples The change in the value of a portfolio over an evaluation period, including any distributions made from the portfolio during that period redemption or call what is.
- Definition Red-Lining:
- Examples discrimination in making loans, insurance coverage, or other financial services available to people or property in certain areas because of poor economic conditions, high levels of fraudulent redemption or call meaning.
- Definition Renewable Term Life Insurance:
- Examples A policy for a stated period that may be renewed if desired at the end of the term redemption or call abbreviation.
