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Definitions of redeemable
  1. adjective
    susceptible to improvement or reform
    "a redeemable sinner"

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  2. adjective
    able to be converted into ready money or the equivalent
    "redeemable stocks and bonds" "a redeemable coupon"
  3. adjective
    recoverable upon payment or fulfilling a condition
    "redeemable goods in a pawnshop"

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Explanation of redeemable
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