redeemable stock Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “redeemable stock” in the English Dictionary

"redeemable stock" in Business English

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redeemable stocknoun [U]

uk   us   (also UK redeemable share) STOCK MARKET, FINANCE
a ​type of ​stock that the ​selleragrees to ​buy back under particular ​conditions: Most redeemable ​stock has an earliest and a latest redeemable ​date. The ​companyraised $22.1 million in a ​sale of Series C ​stock, ​priced at $1.12 ​per redeemable ​share.
(Definition of redeemable stock from the Cambridge Business English Dictionary © Cambridge University Press)
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