Meaning of the word redeemable in English

What does redeemable mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

redeemable

US /rɪˈdiː.mə.bəl/
UK /rɪˈdiː.mə.bəl/
"redeemable" picture

Adjective

1.

(of shares, bonds, etc.) able to be exchanged for cash at a particular time:

Example:
An increasing number of listed companies are issuing redeemable shares.
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