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Redeemable   Listen
adjective
Redeemable  adj.  
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.






Collaborative International Dictionary of English 0.48








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"Redeemable" Quotes from Famous Books



... words, people had been induced to exchange government securities, to the amount of eight hundred millions, for the Mississippi stock. They sold consols at Law's bank, and were paid in his bills, with which they bought shares. The bills of the bank were of course redeemable in gold and silver; but for a time nobody wanted gold and silver, so great was the credit of the bank. Moreover, the bank itself was guaranteed by the shares of the Company, which were worth at one period twelve times their original value. John Law, of course, was regarded ...
— Beacon Lights of History, Volume VIII • John Lord

... indebted to ....... or bearer in the sum of TEN DOLLARS, redeemable six months after the acknowledgment of THE IRISH NATION, with interest from the date hereof inclusive, at six per cent, per annum, payable on presentation of this Bond at the Treasury of ...
— Troublous Times in Canada - A History of the Fenian Raids of 1866 and 1870 • John A. Macdonald

... adopted a report censuring the conciliatory proposition in bold language, and issued an address justifying with extravagant rhetoric the taking up of arms. Still more daring, it went so far as to arrange to pay the so-called "Continental army" by means of bills of credit, redeemable by the united colonies. Later, in 1775, it appointed a secret committee to correspond with friends abroad, and undertook extensive measures for raising troops and accumulating military stores. To the revolted colonies, who found themselves with no legal authorities, ...
— The Wars Between England and America • T. C. Smith

... him! But she won't, bless her impulsive heart and active mind! She knows better than that. Who ever heard of a woman taking life as it ought to be taken? Instead of supporting it as an unavoidable nuisance, only redeemable by its brevity, she goes through it as if it were a pageant or a procession. She dresses for it, and simpers and grins, and gesticulates for it. She pushes her neighbors, and struggles for a good place in the ...
— Lady Audley's Secret • Mary Elizabeth Braddon



Words linked to "Redeemable" :   recoverable, convertible, exchangeable, reformable, cashable



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