redeemable

adjective
re·​deem·​able

Legal Definition of redeemable

: capable of being redeemed specifically : subject to redemption before maturity or after a specified time and usually with payment of an added premium a redeemable bond redeemable preferred stock

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“Redeemable.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/redeemable. Accessed 25 Nov. 2020.

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