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Related Terms:
wasting investment
irredeemable
debtor
redemptible
redemptorist
correction
nonredeemable
lottery ticket
preferred stock
repurchase
issuer
reform
redeem
redeemableness
welsh mortgage
discharge
restore
unredeemable
redeemability
pay off
recover
Definitions:
Noun
Definition: A financial instrument that can be redeemed.
Adjective
redeemable
Definition: recoverable upon payment or fulfilling a condition; "redeemable goods in a pawnshop"
cashable
redeemable
Definition: able to be converted into ready money or the equivalent; "a cashable check"; "cashable gambling chips"; "redeemable stocks and bonds"; "a redeemable coupon"
Definition: Capable of being redeemed; able to be restored or recovered.