Etymology
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redeemable (adj.)

"capable of being redeemed" in any sense; "admitting of redemption; capable of being paid off," 1610s, from redeem + -able. As a noun (redeemables) "redeemable property, etc.," by 1720.

updated on May 31, 2021

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Definitions of redeemable from WordNet

redeemable (adj.)
recoverable upon payment or fulfilling a condition;
redeemable goods in a pawnshop
redeemable (adj.)
able to be converted into ready money or the equivalent;
redeemable stocks and bonds
a redeemable coupon
Synonyms: cashable
redeemable (adj.)
susceptible to improvement or reform;
a redeemable sinner
Synonyms: reformable
From wordnet.princeton.edu, not affiliated with etymonline.