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Most redeemable stock has an earliest and a latest redeemable date.
»The company raised $22.1 million in a sale of Series C stock, priced at $1.12 per redeemable share.
Financial and business terms. 2012.
stock — physical items ( inventory) that a business uses in its production process or has for sale in the ordinary course of doing business. Glossary of Business Terms Ownership of a corporation indicated by shares, which represent a piece of the… … Financial and business terms
Stock — Ownership of a corporation which is represented by shares which represent a piece of the corporation s assets and earnings. The New York Times Financial Glossary * * * ▪ I. stock stock 1 [stɒk ǁ stɑːk] noun 1. [countable, uncountable] especially… … Financial and business terms
redeemable — /radiymabal/ Subject to redemption; admitting of redemption or repurchase; given or held under conditions admitting of reacquisition by purchase; as, a redeemable pledge. @ redeemable bond A bond which the issuer may call for payment pursuant to… … Black's law dictionary
redeemable — re·deem·able adj: capable of being redeemed; specif: subject to redemption before maturity or after a specified time and usu. with payment of an added premium a redeemable bond redeemable preferred stock Merriam Webster’s Dictionary of Law.… … Law dictionary
Redeemable — Eligible for redemption under the terms of the indenture. The New York Times Financial Glossary * * * redeem re‧deem [rɪˈdiːm] verb [transitive] FINANCE 1. to pay off a loan or debt: • He intends to redeem the … Financial and business terms
redeemable — Eligible for redemption under the terms of an indenture. Bloomberg Financial Dictionary * * * redeem re‧deem [rɪˈdiːm] verb [transitive] FINANCE 1. to pay off a loan or debt: • He intends to redeem the … Financial and business terms
stock — I. noun Etymology: Middle English stok, from Old English stocc; akin to Old High German stoc stick Date: before 12th century 1. a. archaic stump b. archaic a log or block of wood c. (1) … New Collegiate Dictionary
redeemable — adjective a) Capable of being redeemed; able to be restored or recovered. b) Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase; as, a redeemable annuity or redeemable preferred… … Wiktionary
redeemable — redeem ► VERB 1) make up for the faults or bad aspects of. 2) (redeem oneself) make up for one s poor past performance or behaviour. 3) save from sin, error, or evil. 4) fulfil (a pledge or promise). 5) gain or regain possession of in exchange… … English terms dictionary
redeemable government stock — /rɪˌdi:məb(ə)l ˌgʌv(ə)nmənt stɒk/ noun stock which can be redeemed for cash at some time in the future (in the UK, only the War Loan is irredeemable) … Dictionary of banking and finance
