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Frauds and Scams > Redemption

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Redemption Defined

The repayment of the principal (par) amount of a debt security, or a preferred stock, at or before its maturity. Mutual fund shares are redeemed at net asset value when a shareholder liquidates their shares.

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  • My Utmost For His Highest - The Right Kind of Help: Annotated link http://www.dii go.com/bookmar k/http%3A%2F%2 Fwww.rbc.org%2 Fdevotionals%2 Fmy-utmost-for -his-highest%2 F12%2F20%2Fdev otion.aspx
  • The Press Association: Consumers look to reward schemes: Consumers are increasingly set to take advantage of reward schemes in a bid to make their money go further during the economic downturn, research has shown. Around 96% of people already belong to a loyalty scheme of some sort, and nine out of 10 people plan to redeem points that they have earned during the coming year, according to Airmiles. Six out of 10 people also plan to take advantage of more reward schemes in 2009, despite 64% of those questioned already belonging to three or more schemes. Women are more keen on reward schemes than men, with 72% of women belonging to at least three schemes, compared with only 51% of men, while older people are more likely to belong to them than younger ones. Andrea Burchett, director of relationship marketing and insight at Airmiles, said: "In this tough economic climate people are looking for ways to make their money work harder for them and get the best value. Loyalty schemes are ideal for making your money to go further."
  • Ixnay on the Candy Coating - Slate

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