Redeemable
Redeemable (-?*b;l) , adjective
1.
Capable of being redeemed; subject to repurchase; held under conditions permitting redemption; as, a pledge securing the payment of money is redeemable.
2.
Subject to an obligation of redemption; conditioned upon a promise of redemption; payable; due; as, bonds, promissory notes, etc., redeemable in gold, or in current money, or four months after date.