redeemable

From redeem + -able.

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redeemable (comparative more redeemable, superlative most redeemable)

1. Capable of being redeemed; able to be restored or recovered.
2. (finance) Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase

   a redeemable annuity

   redeemable preferred stock

3. Susceptible to correction or reform.

• irredeemable

redeemable (plural redeemables)

1. (finance) A financial instrument that can be redeemed.

• William Dwight Whitney, Benjamin E[li] Smith, editors (1911), “redeemable”, in The Century Dictionary […], New York, N.Y.: The Century Co., →OCLC.
• “redeemable”, in Webster’s Revised Unabridged Dictionary, Springfield, Mass.: G. & C. Merriam, 1913, →OCLC.