redeemable Meaning, Definition & Usage

  1. adjective satellite recoverable upon payment or fulfilling a condition
    • redeemable goods in a pawnshop
  2. adjective satellite able to be converted into ready money or the equivalent
    cashable.
    • a cashable check
    • cashable gambling chips
    • redeemable stocks and bonds
    • a redeemable coupon
  3. adjective satellite susceptible to improvement or reform
    reformable.
    • a redeemable sinner

WordNet

Re*deem"a*ble adjective
Definitions
  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.

Webster 1913