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tr.v. re·deemed, re·deem·ing, re·deems
1. To recover ownership of by paying a specified sum: redeemed the ring from the pawnbroker.
a. To pay off (a promissory note, for example).
b. To turn in (coupons, for example) and receive something in exchange.
c. To convert into cash: redeem stocks.
3. To fulfill (a pledge, for example): "That is the unfinished work of our time, to lift the burden of race and redeem the promise of America" (Bill Clinton).
a. To set free, as from slavery or kidnapping, by providing money or other compensation.
b. To save (a person or soul) from a state of sinfulness and its consequences. See Synonyms at save1.
c. To restore the honor, worth, or reputation of: You botched the last job but can redeem yourself on this one.
a. To atone for (an error or mistake): "a silence that gave Maisie a chance to redeem the mistake of pretending to know too much by the humility of inviting further correction" (Henry James).
b. To serve as compensation for; make up for: The low price of the clothes dryer redeems its lack of special features.
[Middle English redemen, from Old French redimer, from Latin redimere : re-, red-, re- + emere, to buy; see em- in Indo-European roots.]
(of bonds, shares, etc) adj
1. (Banking & Finance) subject to cancellation by repayment at a specified date or under specified conditions
2. (Banking & Finance) payable in or convertible into cash
reˌdeemaˈbility, reˈdeemableness n
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|Adj.||1.||redeemable - recoverable upon payment or fulfilling a condition; "redeemable goods in a pawnshop"|
recoverable - capable of being recovered or regained; "recoverable truth of a past event"
|2.||redeemable - able to be converted into ready money or the equivalent; "a cashable check"; "cashable gambling chips"; "redeemable stocks and bonds"; "a redeemable coupon"|
|3.||redeemable - susceptible to improvement or reform; "a redeemable sinner"|
corrigible - capable of being corrected or set right; "a corrigible defect"; "a corrigible prisoner"