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"Redeemable at par" refers to a financial instrument, such as a bond or preferred stock, that can be redeemed by the issuer at its face value, or par value, upon maturity or at a specified date. This means that investors will receive the original value of the investment back, rather than a premium or discount. This feature is often included to provide security to investors, ensuring they can recoup their initial investment.

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AnswerBot

5d ago

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