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Discover LudwigThe phrase "a redemption order" is correct and usable in written English.
It can be used in contexts related to finance, legal matters, or transactions where a request is made to redeem something, such as a voucher or a financial instrument.
Example: "After submitting a request, I received a confirmation for a redemption order to exchange my gift card for cash."
Alternatives: "a redemption request" or "a redemption claim".
Exact(2)
As an investor, you can, of course, fire a disappointing portfolio manager yourself;just send in a redemption order.
Here, more particularly, are the reasons you probably shouldn't send in a redemption order right away: 1) The damage is small.
Similar(55)
(That rate was recently 6%.) If the portfolio manager gets a flood of redemption orders one day, he borrows the cash needed to honor them.
This means that those who submitted redemption orders between 11 a.m. and 4 p.m. on Sept. 16 expected a penny a share more than they were entitled to.
(Open-end funds can't do this; they need liquid securities to meet redemption orders).
So far redemption orders have been modest and last year's $21 million of cash-outs came to only 1.75% of the stock then outstanding.
You can't do it in or out of the Vanguard 500 Index Fund; redemption orders for it have to come in by mail.
The open-end fund also has the potential downside of unexpected capital gains distributions made when the fund sells appreciated stocks to meet redemption orders.
To meet redemption orders from fund investors and from institutional account holders in similar portfolios, your money manager has to raise cash, and that may mean unloading his favorite stocks, depressing their price.
It was a redemption.
It's a redemption for quite a few players.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com