What does it mean when something is redeemable?

What does it mean when something is redeemable?

: Capable of being redeemed Specifically : subject to redemption before maturity or after a specified time and usually with payment of an added premium a redeemable bond redeemable preferred stock.

What does it mean not redeemable for cash?

Nonredeemable. Describing A bond or other security whose holder is not permitted to exchange it with the issuer in return for its face value. Nonredeemable securities may be either traded or held to maturity.

What does redeemable mean in business?

In finance, redemption describes The repayment of a fixed-income security—such as a Treasury note, certificate of deposit, or bond—on or before its maturity date. Mutual fund investors can request redemptions for all or part of their shares from their fund manager.

What is the meaning of redeem money?

To convert (bonds, shares, etc) into cash. to pay off (a promissory note, loan, etc) to recover (something pledged, mortgaged, or pawned)

What does not redeemable mean?

Not redeemable. (finances) Not able to be redeemed by being converted into e.g. gold.

What is another word for redeemable?

In this page you can discover 8 synonyms, antonyms, idiomatic expressions, and related words for redeemable, like: Rescuable, convertible preferred stock, cashable, reformable, deliverable, savable, preference-share and non-redeemable.

What is the opposite of redeemable?

Antonyms. Inconvertible unadaptable unexchangeable irreplaceable. Convertible cashable. redeemable (English) -able (English)

What is a redeemable voucher?

Redeemable voucher means Any ticket, token, coupon, receipt, or other non-cash representation of value. Redeemable vouchers may not be redeemed for cash or used in combination with any gift card, cash, or the equivalent thereof to receive anything of value.

How do you use redeemable in a sentence?

By law, they were redeemable on demand, but redemption was frequently avoided. Previous payments to her (and her children) were to be considered a loan, redeemable at her death, if not before.

What are redeemable debts?

Redeemable debt is A debt which is repayable back to the lender by the borrower within the specific period. Irredeemable debt is perpetual debt. The borrower need not repay it back to the lender. However, interest payments are regular on irredeemable debt. Redeemable debt has a fixed maturity date.

What are redeemable shares?

Redeemable shares are Shares that a company has agreed it will, or may, redeem (in other words buy back) at some future date. The shareholder will still have the right to sell or transfer the shares subject to the articles of association or any shareholders’ agreement.

What does redeem yourself mean?

Definition of redeem oneself

: To succeed or do something good after one has failed or done something bad They can redeem themselves for yesterday’s loss by winning today’s game.

What is a redeemable quality?

A redeeming characteristic is One that counteracts or corrects something negative. If you can only think of one good thing about your next door neighbor, for example, that one thing is her redeeming quality.

How do you redeem gift cards online?

Click the card you want to redeem. Click Reveal to see the gift code in the card details. Either write down the gift code and PIN, or copy the gift code onto your clipboard. Visit the retailer’s website and choose the items you’d like to buy.

What are non-redeemable preference shares?

Non-Redeemable Preference Shares are A type of preferred stock shares that do not include a callable feature. These shares are referred to as shares that cannot be redeemed during the lifetime of the company.

What does it mean redeemable against purchase?

(of an amount of money) Able to be used to pay part of the cost of something : Tickets to the event are £5, redeemable against a purchase of the book on the night. SMART Vocabulary: related words and phrases.

What does redeemable against purchase mean?

​redeemable (against something) That can be exchanged for money or goods. These vouchers are redeemable against any future purchase.