REDEMPTION FEE
\ɹɪdˈɛmpʃən fˈiː], \ɹɪdˈɛmpʃən fˈiː], \ɹ_ɪ_d_ˈɛ_m_p_ʃ_ə_n f_ˈiː]\
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1. Banking: Penalty charged by the lender f a mortgage is paid off (1) before its maturity date, (2) after its maturity or foreclosure date. 2. Mutual fund: Penalty charged for withdrawals of invested funds by the investor before a specified period after investment.
By Henry Campbell Black
Word of the day
Proto Oncogene Proteins c erbB 2
- cell surface protein-tyrosine kinase that is found to be overexpressed in significant number adenocarcinomas. It has extensive homology can heterodimerize EGF EPIDERMAL GROWTH FACTOR), 3 receptor (RECEPTOR, 3) and the 4 receptor. Activation of erbB-2 receptor occurs during heterodimer formation with a ligand-bound erbB family members. EC 2.7.11.-.