redeemable
/rɪˈdiːməbl/ · re·deem·a·ble
noun
- A financial instrument that can be redeemed. The corporation issued redeemable bonds that investors could cash in after ten years.
adjective
- Capable of being redeemed; able to be restored or recovered. After the scandal, his reputation was still redeemable through sincere apologies.
- Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase. The loan is redeemable at any time without penalty, giving borrowers flexibility.
- Susceptible to correction or reform. The outdated policy was redeemable, prompting lawmakers to propose amendments.
Synonyms
Antonyms
Did you know? The term ‘redeemable’ first appeared in early 19th‑century banking to describe bonds that could be bought back before maturity, a practice that helped shape modern corporate finance.