issuable

play
adjective is·su·able \ˈi-shü-ə-bəl\

Definition of issuable

  1. 1 :  open to contest, debate, or litigation

  2. 2 :  authorized for issue bonds issuable under the merger terms

  3. 3 :  possible as a result or consequence

issuably

play \ˈi-shü-ə-blē\ adverb

issuable was our Word of the Day on 01/10/2011. Hear the podcast!

Examples of issuable in a sentence

  1. an issuable claim that the food additive causes cancer

Did You Know?

Although "issuable" now tends to appear in financial contexts (such as in reference to shares that are eligible to be issued, or made available, according to a company's articles of incorporation), it was originally used in the late 16th century as a legal term: an issuable matter was one that was open to contest, debate, or litigation. Within a century, though, the word had taken on the meaning that it most commonly has today, "authorized for issue." In making its home in the world of finance, "issuable" is carrying on a family tradition. In the early 14th century, its predecessor "issue" was used in plural to refer to proceeds from a source of revenue, such as an estate. "Issue" itself traces back to Latin exire, meaning "to go out."

Circa 1570

First Known Use of issuable

circa 1570


Law Dictionary

issuable

play
adjective is·su·able \ˈi-shü-ə-bəl\

Legal Definition of issuable

  1. 1 :  open to contest, debate, or litigation an issuable fact; also :  made on the merits and subject to dispute an issuable plea an issuable defense

  2. 2 :  authorized for issue bonds issuable under the merger terms


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