![]() |
||||||||||||||||
|
||||||||||||||||
|
Redenomination
RedenominationThe process of changing the currency value on a financial security. RELATED TERMS-------------------------------------- Currency Money. The word currency mainly refers to the name and kind of money issued by each country. Value The worth or desirability of something expressed as an amount of money. Security Piece of paper that proves ownership of stocks, bonds, and other investments. SIMILAR TERMS-------------------------------------- Redeem To repay a bond, debenture, mortgage, etc. Redeemable Eligible for redemption under the terms of an indenture. Redemption Repayment of a debt security or preferred stock issue, at or before maturity, at par or at a premium price. Redemption charge The commission a mutual fund charges an investor who is redeeming shares. Redemption cushion The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). Redemption date The date on which a bond matures or is redeemed. Redemption fee A fee some mutual funds charge when an investor sells shares within a specified short period of time. Redemption or call Right of the issuer to force holders on a certain date to redeem their convertibles for cash. The objective usually is to force holders to convert into common prior to the redemption deadline. Redemption yield or maturity yield The amount of income received from a fixed interest security, including interest and its repayment value, expressed as a percentage of its current market price. PREVIOUS AND NEXT TERMS-------------------------------------- Redemption cushion The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). Redemption date The date on which a bond matures or is redeemed. Redemption fee A fee some mutual funds charge when an investor sells shares within a specified short period of time. Redemption or call Right of the issuer to force holders on a certain date to redeem their convertibles for cash. The objective usually is to force holders to convert into common prior to the redemption deadline. Redemption yield or maturity yield The amount of income received from a fixed interest security, including interest and its repayment value, expressed as a percentage of its current market price. Redenomination Rediscount To discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank. Reducing balance method of depreciation Writes off the same percentage (but consequently a smaller amount) of an asset's value each year. Reduction option loan (ROL) A hybrid of a fixed-rate and adjustable-rate mortgage. An ROL matches the borrower to the current mortgage rate, which then becomes fixed for the rest of the term. This reduction is usually allowed if rates drop more than 2% in a year. Redundancy The state of no longer being needed by an employer. Reference rate A benchmark interest rate (such as LIBOR) used to specify conditions of an interest rate swap or an interest rate agreement. We thank you for using the Financial Dictionary to search for Redenomination. If you have a better definition for Redenomination than the one presented here, please let us know by making use of the suggest a term option. This definition of Redenomination may be disputed by other professionals. Our attempt is to provide easy definitions on Redenomination and any other medical topic for the public at large.
|
|||||||||||||||
| © Financial Dictionary 2005. All rights reserved. | ||||||||||||||||
| edenomination / rdenomination / reenomination / rednomination / redeomination / redenmination / redenoination / redenomnation / redenomiation / redenomintion / redenominaion / redenominaton / redenominatin / redenominatio / rredenomination / reedenomination / reddenomination / redeenomination / redennomination / redenoomination / redenommination / redenomiination / redenominnation / redenominaation / redenominattion / redenominatiion / redenominatioon / redenominationn / 4edenomination / 5edenomination / tedenomination / gedenomination / fedenomination / dedenomination / eedenomination / 3edenomination / r3denomination / r4denomination / rrdenomination / rfdenomination / rddenomination / rsdenomination / rwdenomination / reeenomination / rerenomination / refenomination / revenomination / recenomination / rexenomination / resenomination / rewenomination / red3nomination / red4nomination / redrnomination / redfnomination / reddnomination / redsnomination / redwnomination / redebomination / redehomination / redejomination / redemomination / rede omination / reden9mination / reden0mination / redenpmination / redenlmination / redenkmination / redenimination / reden8mination / redenonination / redenojination / redenokination / redeno,ination / redeno ination / redenomnation / redenomibation / redenomihation / redenomijation / redenomimation / redenomi ation / redenominqtion / redenominwtion / redenominstion / redenominxtion / redenominztion / redenomina5ion / redenomina6ion / redenominayion / redenominahion / redenominagion / redenominafion / redenominarion / redenomina4ion / redenominaton / redenominati9n / redenominati0n / redenominatipn / redenominatiln / redenominatikn / redenominatiin / redenominati8n / redenominatiob / redenominatioh / redenominatioj / redenominatiom / redenominatio / | ||||||||||||||||