单词 | redemption |
释义 | redemption redemption // noun [U,C]
(Finance )
1 an occasion when money invested in shares, bonds, etc. is paid back to the investor: £52 billion in bond redemptions is due later this year. If you redeem your shares early, you may pay a redemption fee.
2 the act of paying back a loan or mortgage: Mortgage customers should be clearly informed of penalties such as redemption charges. |
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