Difference between revisions of "Redemption"
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Latest revision as of 20:02, 27 August 2020
When a fixed-income investment matures, and you get your investment amount back, the repayment is known as redemption.
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
