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The diference is in the nature it is turned back in for credit or cash. Was it done by the purchaser (refund) or the person the gift was given to (redeemer). It boils down to the first or second party.

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11y ago

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What is the difference between conversion and redemption of debentures?

Conversion of debentures refers to the process by which debenture holders can exchange their debentures for equity shares of the issuing company, often at a predetermined conversion ratio. Redemption, on the other hand, involves the repayment of the debenture's face value to the debenture holders at maturity or upon a specified date, without converting them into shares. Essentially, conversion changes the nature of the investment from debt to equity, while redemption involves settling the debt obligation in cash.


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To request a PMI refund on your conventional loan, you should contact your lender and provide documentation showing that your loan-to-value ratio is below 80. This typically involves getting a new appraisal to confirm the current value of your home. Once your lender verifies this information, they can initiate the process for cancelling your PMI and issuing a refund if applicable.


Can you explain how T-bill interest works?

Treasury bills, or T-bills, are short-term government securities that are sold at a discount to their face value. The difference between the purchase price and the face value is the interest earned by the investor. When the T-bill matures, the investor receives the full face value. The interest rate is determined by the difference between the purchase price and the face value, and is expressed as an annual percentage rate.


What is the difference between face value and intrinsic value of money?

face value is the value written on the coin(currency),and intrinsic value is one which when the same coin is melted and that metal is sold the cost of that. before tuglak's rule the face value of the currency was equal to intrinsic value in india.

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