Redemption: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
Redirected page to Redeem
Tag: New redirect
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
{{a|brokerage|}}Realising the value of your investment in a [[financial instrument]] by redeeming it — giving it back to the issuer for cancellation against payment of its face value, redemption amount, or [[net asset value]] — rather than selling it in the [[secondary market]].
#redirect[[redeem]]
 
Requires the instrument in question to have reached its maturity, or an optional redemption date, or be the sort of thing (like an investment in an open-ended investment company) with periodic redemption rights. Some sorts of instruments (e.g. [[share]]s) don't ever do that, so all you can do to liquidate your investment is to sell them.
 
{{seealso}}
*[[Subscription]]
*[[Secondary market]]

Latest revision as of 15:34, 23 September 2023

Redirect to: