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What it means redeemable?

What it means redeemable?

able to be converted into ready money or the equivalent. “redeemable stocks and bonds” “a redeemable coupon” synonyms: cashable convertible, exchangeable. capable of being exchanged for or replaced by something of equal value.

How do you use redeem in a sentence?

Redeem in a Sentence 🔉

  1. I save my coupons so that I can redeem them at the supermarket.
  2. At the end of Janet’s car lease she will redeem it for another Honda.
  3. The bank refused to redeem Mark’s Canadian bills for U.S. currency.
  4. I can’t wait to redeem my loan, so I can free myself of debt.

What is an example of redeem?

Redeem is defined as to buy or get something back, pay off a loan, exchange one thing for another or convert into cash. An example of redeem is someone paying a pawn shop to get their watch back. An example of redeem is paying off a car loan. Redeemed the ring from the pawnbroker.

What does not redeemable mean?

nonredeemable
adj. 1. not redeemable, as for payment: nonredeemable soda bottles. 2. not able to be improved or compensated for: evil, nonredeemable behavior.

What are redeemable debts?

Redeemable debt is a debt which is repayable back to the lender by the borrower within the specific period. Redeemable debt has a fixed maturity date. In contrast, irredeemable debt has no specific maturity period or no redemption date.

How do you use the word redeem?

1 She is going to redeem her diamond ring. 2 You can redeem the coupon at any store. 3 They are planning to redeem land from the sea. 4 Jesus Christ came to redeem us from sin.

How do you use redeemed?

Redeemed sentence example

  1. She had to be redeemed by her owner.
  2. The allotments could be redeemed by them with the help of the crown, and then they were freed from all obligations to the landlord.

Is it unredeemable or irredeemable?

As adjectives the difference between unredeemable and irredeemable. is that unredeemable is not redeemable; irredeemable while irredeemable is not redeemable; not able to be restored, recovered, revoked, or escaped.

What are redeeming qualities?

redeeming Add to list Share. A redeeming characteristic is one that counteracts or corrects something negative. If you can only think of one good thing about your next door neighbor, for example, that one thing is her redeeming quality.

What is a redeemable loan note?

“Redemption” means repayment of a loan note – in other words, when the issuer pays all outstanding principal and interest, and the loan note is cancelled. A “convertible” loan note is one that can be exchanged for shares in the capital of the issuer.

How is the word’redeem’used in a sentence?

Use redeem in a sentence. Andrea never forgets to redeem the coupons at the grocery store that she has clipped from the newspaper. verb. Redeem is defined as to buy or get something back, pay off a loan, exchange one thing for another or convert into cash. An example of redeem is someone paying a pawn shop to get their watch back.

What is the meaning of the word redeemable?

(Definition of redeemable from the Cambridge Business English Dictionary © Cambridge University Press) redeemable. Money is typically redeemable in cash, in the form of currency, but currency is not essential to the existence or functioning of money.

Which is the best example of redeeming something?

Redeem is defined as to buy or get something back, pay off a loan, exchange one thing for another or convert into cash. An example of redeem is someone paying a pawn shop to get their watch back. An example of redeem is paying off a car loan. An example of redeem is turning in chips at a casino for money.

What is the legal definition of redeeming property?

Legal Definition of redeem. b : to exercise an equity of redemption in (real property) by payment in full of a mortgage debt after default but prior to a foreclosure becoming effective a right to redeem property prior to the actual sale under a judgment of foreclosure — Bowery Sav.