redeemable

Definition of "redeemable"
  1. Refers to something that can be recovered or bought back
How to use "redeemable" in a sentence
  1. The promissory note was redeemable three years later.
  2. Stock shares were redeemable at the discretion of the shareholder.
  3. Thought to have no value, the old coins were surprisingly redeemable at a local coin shop.

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