When a fixed-income investment matures, and you get your investment amount back, the repayment is known as redemption.

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Redemption is a construction that a venture capitalist may put in to a memorandum of terms. The percentage is usually negotiable as in practice redemption seldom helps: if the company is broke, there is no money anyway.

Introduced in [[M10-S3 - Case - E-docs inc]]
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Fri, 05 Nov 2010 10:16:50 GMT
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dirkjan
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Fri, 05 Nov 2010 10:16:50 GMT
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dirkjan
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dirkjan