HomeDefinitionsCompareDebt Mandatory redemption scheduleThe financial definition for Mandatory redemption schedule:Schedule according to which bond sinking fund payments must be made. Similar MatchesPreferred equity redemption stock (PERC)Preferred equity redemption stock (PERC)Preferred stock that converts automatically into equity at a stated date. A limit is placed on the value of the shares the investor receives. RedemptionRedemptionRepayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price. Redemption chargeRedemption chargeThe commission a mutual fund charges an investor who is redeeming shares. For example, a 2% redemption charge (also called a back end load) on the sale of shares valued at $1000 will result in payment of $980 (or 98% of the value) to the investor. This charge may decline or be eliminated as shares are held for longer time periods. Further SuggestionsRedemption cushionRedemption date Redemption fee Redemption price Right of redemption Serial redemption Click to compare definitions of Mandatory redemption schedule Click to view definitions beginning ma |