Definition of redeemable in English English dictionary
Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase; as, a redeemable annuity or redeemable preferred stock
recoverable upon payment or fulfilling a condition; "redeemable goods in a pawnshop"
recoverable upon payment or fulfilling a condition; "redeemable goods in a pawnshop
Preferred shares or bonds that give the issuing corporation an option to repurchase securities at a stated price These are also known as callable securities Bank and Trust company term deposit are also redeemable but at the option of the note holder
Capable of being paid off; subject to a right on the part of the debtor to discharge, satisfy, recover, or take back by payment; as, a redeemable annuity
Capable of being redeemed; subject to repurchase; held under conditions permitting redemption; as, a pledge securing the payment of money is redeemable
Preferred shares or bonds that giver the issuing corporation an option to repurchase securities at a stated price These are also known as callable securities
Subject to an obligation of redemtion; conditioned upon a promise of redemtion; payable; due; as, bonds, promissory notes, etc
able to be converted into ready money; "a cashable check"; "cashable gambling chips"; "redeemable stocks and bonds"
susceptible to improvement or reform; "a redeemable sinner" recoverable upon payment or fulfilling a condition; "redeemable goods in a pawnshop
If something is redeemable, it can be exchanged for a particular sum of money or for goods worth a particular sum. Their full catalogue costs $5, redeemable against a first order. able to be exchanged for money or goods
{s} can be paid off; can be regained through payment; can be converted into its cash value; can be delivered from evil or sin; can be fulfilled; able to be offset
The customer has the option of redeeming part or all of their investment before it matures Depending on the investment, early redemption may entail an interest rate penalty
This is similar to callable bonds but with one huge difference Normally issued by corporations, a redeemable bond may be 'called' by the issuer but not for financial advantage; in other words, the issue may not be redone at a lower coupon rate Rather, should a company have surplus cash or in the event of a corporate development the bond issue may be retired prematurely
To cash in mutual fund shares by selling them back to the fund Mutual fund shares may be redeemed on any business day You will receive the current share price, called net asset value, minus any deferred sales charge or redemption fee
In religions such as Christianity, to redeem someone means to save them by freeing them from sin and evil. a new female spiritual force to redeem the world
If you redeem an object that belongs to you, you get it back from someone by repaying them money that you borrowed from them, after using the object as a guarantee. Make sure you know exactly what you will be paying back when you plan to redeem the item
To ransom, liberate, or rescue from captivity or bondage, or from any obligation or liability to suffer or to be forfeited, by paying a price or ransom; to ransom; to rescue; to recover; as, to redeem a captive, a pledge, and the like
If you redeem a debt or money that you have promised to someone, you pay money that you owe or that you promised to pay. The amount required to redeem the mortgage was £358,587
To bring mortgage payments up-to-date after the lender has begun default proceedings Once a borrower (or other lien holder) redeems, the mortgage is back in good standing and the relationship continues as before the default
When something redeems an unpleasant thing or situation, it prevents it from being completely bad. Work is the way that people seek to redeem their lives from futility Does this institution have any redeeming features?
{f} pay off, settle a debt through payment; regain through payment; convert an item into its cash value; deliver from sin or evil; fulfill, carry out; make amends
When you take your bond to the bank to get money for it, you redeem the bond The longer you keep your bond, the more money you get when you redeem it! [Back to Top]
To fulfill the requirements of a consumer promotional offer, as a coupon or trading stamps, in a prescribed manner resulting in receipt of goods at reduced price or free Redemption Redemption The cashing in of coupons when merchandise is purchased, or trading stamps in order to obtain discounts or premiums The percentage of coupons or trading stamps issued that are eventually cased in Also redemption rate
If you redeem yourself or your reputation, you do something that makes people have a good opinion of you again after you have behaved or performed badly. He had realized the mistake he had made and wanted to redeem himself The sole redeeming feature of your behaviour is that you're not denying it
To regain by performing the obligation or condition stated; to discharge the obligation mentioned in, as a promissory note, bond, or other evidence of debt; as, to redeem bank notes with coin