partial redemption

Partial Redemption

1. A situation in which an issuer calls part of a bond issue but not the whole thing. That is, if a company issues a callable bond and decides later to redeem a portion before maturity, this is called a partial redemption.

2. In investment companies, the decision of a shareholder to redeem some but not all of his/her shares.

partial redemption

Redemption by an issuer of less than an entire issue of its securities. For example, a corporation may redeem a portion of an outstanding bond issue.