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Redemption is the buying back of something. You might try for redemption by attempting to buy back a bike you sold, or you might attempt to buy back your soul after you steal someone else's bike.
Redemption Notice means a notice in a form approved by the Company by which a holder of Public Shares is entitled to require the Company to redeem its Public Shares, subject to any conditions contained therein.
Redemption Note means: (a) with respect to the Fund, debt securities of the Fund that may be created and issued from time to time, that are subordinated and unsecured, have a maturity of five years or less, may be prepaid at any time at the option of the Fund prior to maturity, without notice, bonus or penalty and pay ...
Another common type of buy-sell agreement is the ?stock redemption? agreement. This is an agreement between shareholders in a company that states when a shareholder leaves the business, whether it be due to retirement, disability, death, or other reason, the departing members shares will be bought by the company.