redeemable shares

redeemable shares definition - business

redeemable shares

Ownership shares that the issuing business may repurchase. Some redeemable shares are mandatorily redeemable and must be repurchased by the issuer on a particular date or on the occurrence of a specified event, such as the death of an owner.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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