Explain
Harish Kumar (IPCC) (475 Points)
29 July 2012
explain the term redemption, reedemable, & ireedemable
pls explain in simple words with examples........!!
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 29 July 2012
In short redemption means to pay the money back to the shareholders either at par or at premium. Redemption of shares means paying back the amount to the shareholders.
Redeemable means the shares are liable for redemption at a future date. Irrdeemanble measn the shares cannot be paid back to the shareholders i.e. they cannot be redeemed
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