What does it mean to be redeemable?
capable of being redeemed
Legal Definition of redeemable : capable of being redeemed specifically : subject to redemption before maturity or after a specified time and usually with payment of an added premium a redeemable bond redeemable preferred stock.
What does redeemable amount mean?
(rɪdiːməbəl ) adjective. If something is redeemable, it can be exchanged for a particular sum of money or for goods worth a particular sum. Their full catalogue costs $5, redeemable against a first order. [
What is redeemable and redeemable?
redeemable adjective (ABLE TO BE EXCHANGED) finance & economics specialized. (of shares, bonds, etc.) able to be exchanged for cash at a particular time: An increasing number of listed companies are issuing redeemable shares. Anglian has decided to issue shareholders with redeemable shares rather than dividends.
What does not redeemable for cash mean?
Nonredeemable. Describing a bond or other security whose holder is not permitted to exchange it with the issuer in return for its face value. Nonredeemable securities may be either traded or held to maturity.
What does redeemable mean in business?
In finance, redemption describes the repayment of a fixed-income security—such as a Treasury note, certificate of deposit, or bond—on or before its maturity date. Mutual fund investors can request redemptions for all or part of their shares from their fund manager.
What is the opposite of redeemable?
Antonyms. inconvertible unadaptable unexchangeable irreplaceable. convertible cashable. redeemable (English) -able (English)
What does it mean to redeem money?
verb (tr) to recover possession or ownership of by payment of a price or service; regain. to convert (bonds, shares, etc) into cash. to pay off (a promissory note, loan, etc) to recover (something pledged, mortgaged, or pawned)
How is redeemable value calculated?
The redemption value is stated as a percentage of face value. For example, a $1000 bond redeemable at 105 is redeemed at 105% of $1000 = $1050.
What is another word for redeemable?
In this page you can discover 8 synonyms, antonyms, idiomatic expressions, and related words for redeemable, like: rescuable, convertible preferred stock, cashable, reformable, deliverable, savable, preference-share and non-redeemable.
What is the full meaning of redeem?
to buy back :
Definition of redeem transitive verb. 1a : to buy back : repurchase. b : to get or win back. 2 : to free from what distresses or harms: such as. a : to free from captivity by payment of ransom.
What means redeem offer?
A redemption offer is a special offer promoted by a supplier which runs for a limited period of time. For example it could be a free attachment for a mixer, or a capsule credit for a coffee machine. This gift won’t be delivered with your order. Instead you will need to redeem it directly from the supplier.
What does redeem code mean?
Redemption Code means the sequence of letters, numbers, and/or symbols placed on gift certificates, promotional coupons or other promotional offers and used to obtain a benefit.
What does redeemable at par mean?
A bond (or debt security) is redeemable at par when the holder has the right to receive its par value upon redemption or on maturity date. Bonds that are redeemable at par at the holder’s consent protect investors against a rise in interest rates. If rates increase, the price of a fixed-rate bond would decline.
What is the meaning of non redeemable?
Adjective. nonredeemable (not comparable) Not redeemable. (finances) Not able to be redeemed by being converted into e.g. gold.
How do you redeem a gift card?
Redeem a gift card on your Android device Tap the menu button , then tap Account. Tap Redeem Gift Card or Code. Enter the 16-digit code.
What is meant by par value?
Par value is the value of a single common share as set by a corporation’s charter. It is not typically related to the actual value of the shares. In fact it is often lower. Any stock certificate issued for shares purchased shows the par value.