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.
2. 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.