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Meaning Of Redeemable
a.
Capable of being redeemed; subject to repurchase; held
under conditions permitting redemption; as, a pledge securing the
payment of money is redeemable.
a.
Subject to an obligation of redemtion; conditioned upon
a promise of redemtion; payable; due; as, bonds, promissory notes, etc.
, redeemabble in gold, or in current money, or four months after date.