redemption date

基本解釋

As a rule, the riskier the bond and the further it is from its redemption date, the lower the value of the loan that can be secured on it.
這是一個(gè)槼律，債券風(fēng)險(xiǎn)越大，距離償還期越遠(yuǎn)，作爲(wèi)貸款觝押品的價(jià)值越低。

Investors should be aware that (despite the often generous payouts) debentures are usually at the low end of the credit totem pole, and payouts may be deferred until the redemption date of the security.
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The Purchaser may redeem the Seller Notes, in whole or in part, at any time, at par, plus accrued and unpaid interest to the redemption date, plus, after the fifth anniversary of the Closing, a premium declining over time to zero.
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