TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PURCHASE FUND REDEMPTION [2 records]

Record 1 1989-03-21

English

Subject field(s)
  • Banking
CONT

Purchase fund redemptions operate when the market price falls below a stipulated price in an applicable period, in which case the bank is obligated to use its best efforts to purchase up to a specific percentage amount for cancellation, usually at prevailing market prices.

OBS

See the section "Guidelines" in CMFCB.

French

Domaine(s)
  • Banque

Spanish

Save record 1

Record 2 1989-03-17

English

Subject field(s)
  • Banking

French

Domaine(s)
  • Banque

Spanish

Save record 2

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