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Word: redeemable
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Meaning:
Adjective:
- Capable of being redeemed; subject to repurchase; held under conditions permitting redemption; as, a pledge securing the payment of money is '''redeemable'''.
- finance Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to cancel by payment; as, a '''redeemable''' annuity or '''redeemable''' preferred stock.
- Susceptible to correction or reform.
Source: Wiktionary
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