Redemption value
Redemption value is the price at which the issuing company may choose to repurchase a security before its maturity date.[1] A bond is purchased "at a discount" if its redemption value exceeds its purchase price. It is purchased "at a premium" if its purchase price exceeds its redemption value.[1] Thus, the right will only be exercised at a discount. [2] See: Callable bond; Embedded option; Convertible bond.
References
- ^ a b "Redemption Value". Retrieved November 12, 2007.
- ^ Callable or Redeemable Bonds, sec.gov
- v
- t
- e
Medium of exchange
money
- Axe-money (W. Mesoamerica & N. Andes)
- Cocoa bean (Mesoamerica)
- Koku (rice)
- Manilla (W. Africa)
- Precious metals
- Quachtli (cotton cloth)
- Salt (Roman world)
- Shekel (barley)
- Shells
- Trade bead
| Domestic animals |
|
|---|---|
| Representative money |
|
Money portal
(Fiat/Token)
- Bailment
- Banknote
- Central bank digital currency
- Chattel/movable property
- Cheque
- Clearing
- Clay token
- Coinage
- Currency
- Deposit
- Legal tender
- Notary
- Possession
- Promissory note
- Redemption
- Safekeeping
- List of historical currencies
- Barter
- Bureau de change
- Central bank
- Clearinghouse bank
- Savings bank
- Mint
- Akkadian standards of measurement (c. 2150 BC)
- Code of Hammurabi (§100; §122–125; c. 1750 BC)
- Commodity theory of money (Metallism)
- Credit theory of money
- Quantity theory of money
- Standard of deferred payment
- Store of value
- Unit of account
- Digital currency
- Local currency
 | This economics-related article is a stub. You can help Wikipedia by expanding it. |
- v
- t
- e
