0 (of shares, bonds, etc.) able to be exchanged for cash at a particular time:
An increasing number of listed companies are issuing redeemable shares.
Anglian has decided to issue shareholders with redeemable shares rather than dividends.
The 9% unsecured loan stock was redeemable at par on 31 May 2020.
The points are only redeemable against future travel spending on the card.
Tickets to the event are £5, redeemable against a purchase of the book on the night.
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:
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.
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.
Money is typically redeemable in cash, in the form of currency, but currency is not essential to the existence or functioning of money.
By law, they were redeemable on demand, but redemption was frequently avoided.
Previous payments to her (and her children) were to be considered a loan, redeemable at her death, if not before.
He concludes that the relationships that he has unearthed are 'reminiscent of an earlier, morally redeemable time when observers actually believed that labor offered a different vision of social existence'.
As to the remaining fourteen installments, "payment" was in the form of "land-reform bonds" bearing an interest rate of 6 percent and redeemable over fourteen years.
In many parts of the world the lime cost : sugar price ratio is such that the initial cost of lime would have been redeemable within a few seasons.
There are some capital gains on redeemable securities reaching the date of redemption but some of those securities are not subject to tax any way.
Some years later the company received £3 million, for the most part in the form of promissory notes redeemable at intervals until 1954.
