redeemable

Adjective

WordNet 3.0

Adjective (3)

  1. recoverable upon payment or fulfilling a condition“redeemable goods in a pawnshop”
  2. able to be converted into ready money or the equivalent“a cashable check”“cashable gambling chips”“redeemable stocks and bonds”“a redeemable coupon”Synonyms: cashable
  3. susceptible to improvement or reform“a redeemable sinner”Synonyms: reformable
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Webster's Dictionary (GCIDE)

Redeemable \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. [1913 Webster]

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. [1913 Webster]

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