redeemable — English Dictionary

Adjective

1. Capable of being redeemed; able to be restored or recovered.

2. Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase

   Examples

   a redeemable annuity

   redeemable preferred stock

3. Susceptible to correction or reform.

Noun

1. A financial instrument that can be redeemed.

Adjective

1. recoverable upon payment or fulfilling a condition

   Examples

   redeemable goods in a pawnshop

2. able to be converted into ready money or the equivalent

   Synonyms

   cashable

   Examples

   a cashable check

   cashable gambling chips

   More examples (2)

   redeemable stocks and bonds

   a redeemable coupon

3. susceptible to improvement or reform

   Synonyms

   reformable

   Examples

   a redeemable sinner