"Redeemable" is a word in LAW AND LEGAL, ENGLISH
1. Subject to an obll-gation of redemption; embodying, or conditioned upon, a promise or obligation of redemption; convertible Into coin; as, a “re deemable currency." See U. 8. v. North Carolina, 136 U. S. 211, 10 Sup. Ct 920, 84 L. Ed. 336
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.
Capable of being redeemed; subject to repurchase; held
under conditions permitting redemption; as, a pledge securing the
payment of money is redeemable.
Kitai blinked slowly. "Why would you use the same word for these things? That is ridiculous.""We have a lot of words like that," Tavi said. "They can mean more than one thing.""That is stupid," Kitai said. "It is difficult enough to communicate without making it more complicated with words that mean more than one thing.
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Subject to be defeated, annulled, revoked, or undone upon the hap-pening of a future event or the performance of a …
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Read the complete definitionThe term “right of redemption,” or “right to redeem,” ia familiarly used to describe the estate of the debtor when …
Read the complete definition