GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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20:56 Nov 8, 2018 |
Spanish to English translations [PRO] Bus/Financial - Investment / Securities / equity markets | |||||
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| Selected response from: Robert Carter Mexico Local time: 15:43 | ||||
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Summary of answers provided | ||||
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4 +3 | notice of [ordinary] redemption |
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3 | notice of ordinary shares redemption |
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notice of [ordinary] redemption Explanation: You probably don't need the "ordinary" qualifier here, but I'd leave it in in any case. DEFINITION of 'Extraordinary Redemption' An extraordinary redemption is a provision that gives a bond issuer the right to call its bonds due to an unusual one-time occurrence, as specified in the offering statement. Extraordinary redemptions, also called extraordinary calls, occur when bond proceeds are not spent according to schedule; when bond proceeds are used in a way that makes nontaxable bond interest taxable; or when a catastrophe destroys the project being financed, among other reasons. https://www.investopedia.com/terms/e/extraordinaryredemption... Notice of redemption of shares by Practical Law Corporate A form of notice to be sent by a company to its shareholders in connection with the redemption of shares. https://uk.practicallaw.thomsonreuters.com/w-012-4045?transi... |
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