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Redeemable - Law Dictionary Search Results

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Alteration of share capital

division, conversion of shares into stock and reconversion or cancellation of unissued capital (s. 50), or redemption of redeemable preference shares (s. 46). The alteration must be authorized by the Articles, and the memorandum modified. A company

Redeemableness

The quality or state of being redeemable redeemability

Five twenties

Five twenty bonds of the United States bearing six per cent interest issued in 1862 64 and 65 redeemable after five and payable in twenty years

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phantom stock plan

a form of executive compensation in which an employee is granted units representing shares of stock which are redeemable at a specified future date for the market value of an equivalent number of corporate shares but which

certificate of deposit

certificate of deposit :a money-market bond of a preset face value (as $10,000) paying fixed interest and redeemable without penalty only on maturity (as after two years)

bond

a bond that is sold at a price significantly below face value, pays no annual interest, and is redeemable at full value at maturity compare strip vt 1 : to convert into a debt secured by bonds

Stock

Part VII., and 20 & 21 Geo. 5, c. 28, s. 49 (1)], considered merely as perpetual annuities redeemable at the pleasure of the Government; also, the capital of a public company, as to which see SHARES.

Jus retractus

it. (2) A debtor's right, upon sale of the debt by the creditor, to have a third person redeem it within a year for the price paid by the purchaser, Black's Law Dictionary, 7th Edn., p. 868.

Saint

person sanctified a holy or godly person one eminent for piety and virtue any true Christian as being redeemed and consecrated to God

Seven thirties

rate of seven and three tenths thirty hundredths per cent annually Within a few years they were all redeemed or funded

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