redeemable meaning and definition

REDEEMABLE adjective

Definition of redeemable (adjective)

1. recoverable upon payment or fulfilling a condition
   • "redeemable goods in a pawnshop"
2. able to be converted into ready money or the equivalent
   • "a cashable check"; "cashable gambling chips"; "redeemable stocks and bonds"; "a redeemable coupon"
   • synonyms: cashable
3. susceptible to improvement or reform
   • "a redeemable sinner"
   • synonyms: reformable