REDEEMABLE
redeemable, reformable
(adjective) susceptible to improvement or reform; “a redeemable sinner”
cashable, redeemable
(adjective) able to be converted into ready money or the equivalent; “a cashable check”; “cashable gambling chips”; “redeemable stocks and bonds”; “a redeemable coupon”
redeemable
(adjective) recoverable upon payment or fulfilling a condition; “redeemable goods in a pawnshop”
Source: WordNet® 3.1
Etymology
Adjective
redeemable (comparative more redeemable, superlative most redeemable)
Capable of being redeemed; able to be restored or recovered.
(finance) Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase
Susceptible to correction or reform.
Antonyms
• irredeemable
Noun
redeemable (plural redeemables)
(finance) A financial instrument that can be redeemed.
Source: Wiktionary
Re*deem"a*ble (-*b;l), a.
1. Capable of being redeemed; subject to repurchase; held under
conditions permitting redemption; as, a pledge securing the payment
of money is redeemable.
2. Subject to an obligation of redemtion; conditioned upon a promise
of redemtion; payable; due; as, bonds, promissory notes, etc. ,
redeemabble in gold, or in current money, or four months after date.
Source: Webster’s Unabridged Dictionary 1913 Edition