redeemable

adjective

re·​deem·​able
: 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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Cite this Entry

“Redeemable.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/redeemable. Accessed 21 Jul. 2024.

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