issuable

adjective

is·su·able | \ ˈi-shü-ə-bəl

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Definition of issuable

1 : open to contest, debate, or litigation

2 : authorized for issue bonds issuable under the merger terms

3 : possible as a result or consequence

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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."

Examples of issuable in a Sentence

an issuable claim that the food additive causes cancer

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The first known use of issuable was circa 1570

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issuable

adjective

is·su·able | \ ˈi-shü-ə-bəl

\

Legal Definition of issuable

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 : authorized for issue bonds issuable under the merger terms

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