What is another word for redemption account?

Pronunciation: [ɹɪdˈɛmpʃən ɐkˈa͡ʊnt] (IPA)

A redemption account is a type of financial account that is used to hold funds that can be used to redeem certain securities or other investments. There are a variety of synonyms for this term, including redemption fund, redemption reserve, redemption pool, and redemption escrow. These terms are often used interchangeably in the financial industry and refer to a similar type of account that is used for the same purpose. Whether you're an individual investor or a financial institution, having access to a redemption account can be an important part of managing your investments and ensuring that you have the resources you need to sell or redeem your holdings when the time comes.

What are the hypernyms for Redemption account?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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