Juridical Dictionary

This dictionary contains:
8526
juridical terms

Redemption of shares




Redemption of shares

A company can redeem shares which are issued as redeemable shares by repaying the nominal value to the shareholder, whereupon the shares are cancelled. Redemption must normally be from distributable profits, but a procedure exists to allow shares to be redeemed from capital. As this amounts to a reduction of capital, an amount equivalent to the reduction of issued capital may need to be transferred to a capital redemption reserve.

RELATED TERMS
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Company
An association of a number of individuals for the purpose of carrying on some legitimate business.

Nominal
Relating to a name.

Value
Common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange.

Redemption
Contracts. The act of taking back by the seller from the buyer a thing which had been sold subject to th right of repurchase.

Profits
In general, by this term is understood the benefit which a man derives from a thing. It is more particularly applied to such benefit as arises from his labor and skill.

Capital
1) Political economy, commerce. In political economy, it is that portion of the produce of a country, which may be made directly available either to support the human species or to the facilitating of production. 2) In commerce, as applied to individuals, it is those objects, whether consisting of money or other property, which a merchant, trader, or other person adventures in an undertaking, or which he contributes to the common stock of a partnership. 3) It signifies money put out at interest.

Equivalent
Of the same value.



SIMILAR TERMS
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Redemption
Contracts. The act of taking back by the seller from the buyer a thing which had been sold subject to th right of repurchase.

Redemptiones
Heavy fines.



PREVIOUS AND NEXT TERMS
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Recuse
The process by which a judge is disqualified from hearing a case, on his or her own motion or upon the objection of either party.

Red flags
Symptoms and indicators (of Fraud).

Reddendo singula singulis
Construction. By rendering each his own; for example, when two descriptions of property are given together in one mass, both the next of kin and the heir cannot take, unless in cases where a construction can be made reddendo singula singulis, that the next of kin shall take the personal estate aud the heir at law the real estate.

Reddendum
Contracts. A word used substantively, and is that clause in a deed by which the grantor reserves something new to himself out of that which he granted before, and thus usually follows the tenendum, and is generally in these words "yielding and paying."

Redemption
Contracts. The act of taking back by the seller from the buyer a thing which had been sold subject to th right of repurchase.

Redemption of shares

Redemptiones
Heavy fines.

Redhibition
Civil law and in Louisiana. 1) The avoidance of a sale on account of some vice or defect in the thing sold, which renders it absolutely useless, or its use so inconvenient and imperfect, that it must be supposed that the buyer would not have purchased it, had he known of the vice. 2) Redhibition is also the name of an action which the purchaser of a defective movable thing may bring to cause the sale to be annulled, and to recover the price he has paid for it.

Redidit se
English practice. He surrendered himself. This is endorsed on the bail piece when a certificate has been made by the proper officer that the defendant is in custody.

Redirect
The second round of direct examination that occurs in the trial after cross-examination.

Re-direct examination
portunity to present rebuttal evidence after one's evidence has been subjected to cross-examination.

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This dictionary contains 8526 terms.







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