redemptiondate

noun
UK /rɪˈdempʃən deɪt/
US /rɪˈdempʃən deɪt/

The day when you get something back or finish paying for it.

The redemption date for the savings bond is next Friday.


OTHER MEANINGS

2. The date on which a bond or loan must be repaid.

Investors checked the redemption date before buying the bond.

3. The day a coupon or voucher can be exchanged for goods.

The redemption date on the gift card is printed on the back.

4. The date when shares or units can be sold back to the fund.

The fund's redemption date falls at the end of each quarter.