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Securities > Redeemable Security

The following information is about Redeemable Security.

Redeemable Security Defined

Security that entitles the holder to receive approximately his proportionate share of the issuer's current net assets (or its cash equivalent) upon presentation of the security to the issuer or its designated representative.

This definition is in context to Securities. See more contextual defintions for Redeemable Security.


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