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  2. Cancellation (insurance) - Wikipedia

    en.wikipedia.org/wiki/Cancellation_(insurance)

    A penalty method of calculate a score Ft V V by getttttwww lating the return premium [4] often used when the policy is canceled at the insured's request. It uses a table of factors that results in penalties that can be lower or higher than short rate (90% pro rata) depending upon the date of cancellation.

  3. Redemption value - Wikipedia

    en.wikipedia.org/wiki/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 ...

  4. Yield to maturity - Wikipedia

    en.wikipedia.org/wiki/Yield_to_maturity

    The yield to maturity (YTM), book yield or redemption yield of a fixed-interest security is an estimate of the total rate of return anticipated to be earned by an investor who buys it at a given market price, holds it to maturity, and receives all interest payments and the capital redemption on schedule.

  5. What is the right of redemption? How it works during ... - AOL

    www.aol.com/finance/redemption-works-during...

    To exercise the right of redemption, the borrower can write to their lender or servicer, or to the party that purchased the home, and request a statement of charges related to the home.

  6. Maturity (finance) - Wikipedia

    en.wikipedia.org/wiki/Maturity_(finance)

    In finance, maturity or maturity date is the date on which the final payment is due on a loan or other financial instrument, such as a bond or term deposit, at which point the principal (and all remaining interest) is due to be paid. [1] [2] [3] Most instruments have a fixed maturity date which is a specific date on which the instrument matures ...

  7. Par value - Wikipedia

    en.wikipedia.org/wiki/Par_value

    The par value of stock has no relation to market value and, as a concept, is somewhat archaic. [when?] The par value of a share is the value stated in the corporate charter below which shares of that class cannot be sold upon initial offering; the issuing company promises not to issue further shares below par value, so investors can be confident that no one else will receive a more favorable ...

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  9. Convertible bond - Wikipedia

    en.wikipedia.org/wiki/Convertible_bond

    Final conversion date: Final date at which the holder can request the conversion into shares. Might be different from the redemption date. Yield: Yield of the convertible bond at the issuance date, could be different from the coupon value if the bond is offering a premium redemption.