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Glite Dictionary
💱 Can be exchanged 🙏 Can be forgiven
redeemability

redeemability

7.7
Ability to change something into cash or use it to pay
  • noun
  • /rɪˈdiməˌbɪlɪti/
  • Specialized
translation icon : canjeabilidad
  • Investors consider the redeemability of bonds an important factor when making financial decisions.

Examples

  • The US, unlike Europe, did not suspend the redeemability of the currency into gold coin.

    Blog text (19)

  • You're not relying on the full faith and credit of the co-op but on the redeemability at face value of the paper.

    Blog text (2)

  • SBDM relies on the exchange value of service contracts, not on its redeemability in fulfillment of tax obligations.

    Blog text (31)

  • The bank assured its customers that the redeemability of their savings accounts was guaranteed.

  • The redeemability of the voucher allowed customers to exchange it for goods and services easily.

Synonyms

exchangeability
vsredeemability
1 7.5

Can be replaced by something with the same value or use

is broader and covers repayment, conversion, or cancellation in financial settings

Antonyms

irredeemability
9.9

The state of being unable to be fixed or made right

inconvertibility
  • Specialized
9.9

A situation where you cannot exchange something for another thing, especially money

Surface Forms

redeemability singular
redeemabilities plural

Morphology

redeemability = redeemable (transparent) = redeem + able + ity

Formed by adding -ity to the adjective 'redeemable'; the meaning 'the quality of being redeemable' follows standard morphological rules.

Etymology

Redeemability comes from the verb redeem, which comes from the Latin parts re- 'back' and emere 'to buy', so to redeem something is like 'buying it back' or paying it off. So redeemability is the quality of being able to be exchanged, converted, or paid back.