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