different between redeemable vs nonredeemable
redeemable
English
Etymology
redeem +? -able
Adjective
redeemable (comparative more redeemable, superlative most redeemable)
- Capable of being redeemed; able to be restored or recovered.
- (finance) Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase
- Susceptible to correction or reform.
Antonyms
- irredeemable
Translations
Noun
redeemable (plural redeemables)
- (finance) A financial instrument that can be redeemed.
References
- redeemable in The Century Dictionary, New York, N.Y.: The Century Co., 1911.
- redeemable in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913.
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nonredeemable
English
Etymology
non- +? redeemable
Adjective
nonredeemable (not comparable)
- Not redeemable.
- (finances) Not able to be redeemed by being converted into e.g. gold.
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