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Glossary   >   R   >   "Redemption cushion" Definition            Redemption cushion The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price). Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Redemption cushion - The percentage by which the conversion value of a convertible security exceeds the redemption price (strike price).