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IPCC

[ Scorecard : 376] 		Posted On 29 July 2012 at 11:41 Report Abuse

explain the term redemption, reedemable, & ireedemable pls explain in simple words with examples........!!


Giridhar S Karandikar
Team Lead

[ Scorecard : 2676] 		Posted On 29 July 2012 at 15:34

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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