- Eligible for redemption under the terms of the indenture. The New York Times Financial Glossary
* * *1. to pay off a loan or debt:2. to exchange shares, bonds etc for cash:3. to get back something that you pawnEd (= left with someone when you borrowed money from them ) , by returning the money borrowed— redeemable adjective :
• Most of these bonds are redeemable at par, i.e. £100 is payable for each £100 nominal value of stock.
* * *redeemable UK US /rɪˈdiːməbl/ adjective► COMMERCE used to show how and when coupons (= pieces of paper used to buy goods at a lower price), points from a credit card, etc. can be used: »
The program provides those eligible with $20 worth of vouchers redeemable at farmers' markets for locally grown produce.redeemable against sth »
Every £100 spent earns 10 Plus Points redeemable against discounts on goods and services.redeemable as sth »
You receive one rewards point for each dollar spent, and points are redeemable as air miles, hotel accommodation, car rental, and some restaurant meals.► STOCK MARKET, FINANCE relating to bonds, shares, etc. that can be exchanged for cash at a particular time: redeemable at sth »
The shares are redeemable at $21.05 each.
Financial and business terms. 2012.
Look at other dictionaries:
redeemable — re·deem·able adj: capable of being redeemed; specif: subject to redemption before maturity or after a specified time and usu. with payment of an added premium a redeemable bond redeemable preferred stock Merriam Webster’s Dictionary of Law.… … Law dictionary
Redeemable — Re*deem a*ble ( ?*b;l), a. 1. Capable of being redeemed; subject to repurchase; held under conditions permitting redemption; as, a pledge securing the payment of money is redeemable. [1913 Webster] 2. Subject to an obligation of redemtion;… … The Collaborative International Dictionary of English
redeemable — (adj.) 1610s, from REDEEM (Cf. redeem) + ABLE (Cf. able) … Etymology dictionary
redeemable — Eligible for redemption under the terms of an indenture. Bloomberg Financial Dictionary * * * redeem re‧deem [rɪˈdiːm] verb [transitive] FINANCE 1. to pay off a loan or debt: • He intends to redeem the … Financial and business terms
redeemable — /radiymabal/ Subject to redemption; admitting of redemption or repurchase; given or held under conditions admitting of reacquisition by purchase; as, a redeemable pledge. @ redeemable bond A bond which the issuer may call for payment pursuant to… … Black's law dictionary
redeemable — adjective 1. recoverable upon payment or fulfilling a condition redeemable goods in a pawnshop • Similar to: ↑recoverable 2. able to be converted into ready money or the equivalent a cashable check cashable gambling chips redeemable stocks and… … Useful english dictionary
redeemable — adjective a) Capable of being redeemed; able to be restored or recovered. b) 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… … Wiktionary
redeemable — [[t]rɪdi͟ːməb(ə)l[/t]] ADJ: oft ADJ against/for n 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 … English dictionary
redeemable — redeemability, redeemableness, n. redeemably, adv. /ri dee meuh beuhl/, adj. 1. capable of being redeemed. 2. that will be redeemed: bonds redeemable in 10 years. Also, redemptible /ri demp teuh beuhl/. [1605 15; REDEEM + ABLE] * * * … Universalium
redeemable — re|deem|a|ble [rıˈdi:məbəl] adj able to be exchanged for money or goods ▪ Stamps are redeemable for merchandise or cash … Dictionary of contemporary English