Definitions from Wiktionary (redeemable)

▸ adjective:  Capable of being redeemed; able to be restored or recovered.
▸ adjective:  (finance) Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase
▸ adjective:  Susceptible to correction or reform.
▸ noun:  (finance) A financial instrument that can be redeemed.

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