The repayment of the principal (par) amount of a debt security, or a preferred stock, at or before its maturity. Mutual fund shares are redeemed at net asset value when a shareholder liquidates their shares.
1: In bonds and preferred stocks, it is the call price.
2: In mutual funds, it is the net asset value
A single unit of ownership in a corporation or mutual fund.
An individual who owns one or more shares of a corporation or mutual fund. Shareholders may earn dividends and shareholders of common stock have voting rights with regard to matters that affect the corporation.