Redemption Price
/rɪˈdɛmʃən praɪs/
Definitions
- (n.) The sum specified in a security or bond agreement that must be paid by the issuer to redeem or repay the security before maturity.
The investor received the redemption price upon the early conversion of the bond.
Forms
- redemption price
- redemption prices
Related terms
See also
Commentary
Redemption price is typically fixed in the security's terms and may include premiums; clarity in drafting ensures protection against disputes over early repayment amounts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.