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

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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

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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

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