Non Redeemable Definition
Non Redeemable Definition
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Non-Redeemable Investment Fund. Related Content. Defined under section 1(1) of the Ontario Securities Act as an issuer: Whose primary purpose is to invest money provided by its security holders. That does not invest:.
The securities are non-cumulative, are nonredeemable prior to May 15, 2016, and pay a fixed rate of 8.5% per annum. Fitch Affirms Ally Financial's IDR at 'BB+'; Outlook Stable Liberty said the preferred shares are voting, participating, nonredeemable and will have preference over common shares in case the company goes out of business..
What is a non-redeemable GIC? When you buy a non-redeemable GIC, you agree to invest a certain amount of money for a set length of time (term) to benefit from a fixed interest rate. When your term is up, you can either cash in your GIC – and get your initial investment back plus interest – or renew your term and keep growing..
Redeemable Partnership Unit definition. ... The difference between the proportionate amount by which the non-controlling interest in Holding LP was increased and the ... BIP has entered into an agreement under which Brookfield Asset Management will subscribe for approximately 5.8 million Redeemable Partnership Units for aggregate ....
Definition of nonredeemable in the Definitions.net dictionary. Meaning of nonredeemable. What does nonredeemable mean? Information and translations of nonredeemable in the most comprehensive dictionary definitions resource on the web..
Non-redeemable investment fund means an issuer, (i) whose primary purpose is to invest money provided by its securityholders; (ii) that does not invest (A) for the purpose of exercising or seeking to exercise control of an issuer, other than an issuer that is a mutual fund or a non-redeemable investment fund, or (B) for the purpose of being actively involved in the management of any issuer in ....
Definition: A redeemable debt, or callable debt, ... as investors of these bonds are compensated with a more attractive rate of interest than on otherwise similar non-callable bonds. To explain, say, an issuer redeems all bonds with an 8% interest rate when the market-rate averages at 4%..
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