redemption

Definitions

1. Finance: Repayment of bonds or other debt securities on or before their maturity date. An issuer-compelled redemption is known as 'call.'

2. Marketing: Making use of a sales promotion offer such as coupons, discounts, labels, etc., by the consumers for gifts or rewards.

3. Mortgage: Right of a mortgagor to recover mortgaged property on repayment of the full due amount resulting in a complete annulment of the lender's claim on the property. See also right of redemption.

4. Mutual funds: Return of the current market value (less fees and charges) of an investor's shares (units), usually within seven days of receiving a request for redemption from the investor.

5. Pollution control: Return of secondary or waste material (such as bottles, containers, or laser printer cartridges) to the original supplier or manufacturer for a rebate.

Use 'redemption' in a Sentence

Marcia was annoyed that the store wouldn't allow redemption of the coupon she had saved, but she ultimately blamed herself for failing to notice the expiration date.

After she made a huge mistake with all the client files she tried to seek redemption for herself by staying late and arriving early every day for a month.

Although Sheila had given up hope, Xavier finished the task he had failed to do the day before thus earning himself redemption.

单词	redemption
释义	redemption Definitions 1. Finance: Repayment of bonds or other debt securities on or before their maturity date. An issuer-compelled redemption is known as 'call.' 2. Marketing: Making use of a sales promotion offer such as coupons, discounts, labels, etc., by the consumers for gifts or rewards. 3. Mortgage: Right of a mortgagor to recover mortgaged property on repayment of the full due amount resulting in a complete annulment of the lender's claim on the property. See also right of redemption. 4. Mutual funds: Return of the current market value (less fees and charges) of an investor's shares (units), usually within seven days of receiving a request for redemption from the investor. 5. Pollution control: Return of secondary or waste material (such as bottles, containers, or laser printer cartridges) to the original supplier or manufacturer for a rebate. Use 'redemption' in a Sentence Marcia was annoyed that the store wouldn't allow redemption of the coupon she had saved, but she ultimately blamed herself for failing to notice the expiration date. After she made a huge mistake with all the client files she tried to seek redemption for herself by staying late and arriving early every day for a month. Although Sheila had given up hope, Xavier finished the task he had failed to do the day before thus earning himself redemption.
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