0 (of shares, bonds, etc.) able to be exchanged for cash at a particular time: --
Tickets to the event are £5, redeemable against a purchase of the book on the night.
The points are only redeemable against future travel spending on the card.
The 9% unsecured loan stock was redeemable at par on 31 May 2020.
Anglian has decided to issue shareholders with redeemable shares rather than dividends.
An increasing number of listed companies are issuing redeemable shares.
2 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: --
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.
redeemable against sth Every £100 spent earns 10 Plus Points redeemable against discounts on goods and services.
The program provides those eligible with $20 worth of vouchers redeemable at farmers' markets for locally grown produce.
3 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.
Bonus redeemable preference shares will count as a distribution.
In many cases investments have gone out of this country in redeemable stock, because there has not been an opportunity for them in this country.
It follows from that that if stamps were redeemable for cash, they would be taken much more care of by customers.
Nevertheless, it would not have been right simply to prohibit bonus issues of redeemable shares.
Clause 14 allows the issue of redeemable preference shares to be redeemed out of profits only.
Feudal dues and services at that time were made redeemable by purchase.
Only as long as they are satisfied that the rolling stock, and the plant, and the other redeemable assets are sufficient to cover their indebtedness.
Some years later the company received £3 million, for the most part in the form of promissory notes redeemable at intervals until 1954.
