redeemable









redeemable


adjective

  1. capable of being redeemed.
  2. that will be redeemed: bonds redeemable in 10 years.

adjective (of bonds, shares, etc)

  1. subject to cancellation by repayment at a specified date or under specified conditions
  2. payable in or convertible into cash
adj.

1610s, from redeem + -able.

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