Redeemable : Definition

Redeemable

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Definitions of Redeemable

Pronunciation : Re*deem"a*ble (-*b;l)
Part of Speech : a.
Definition : 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.
Source : Webster's Unabridged Dictionary, 1913

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