re·deem·able \rə̇ˈdēməbəl, rēˈ-\adjective : capable of being redeemed: as a.: recoverable upon payment of a price or fulfillment of a condition < redeemable goods in a pawn shop > b.: convertible into cash at the request of the holder < redeemable stocks and bonds > c.: susceptible to improvement or reform or especially to spiritual redemption < redeemable sinner > • re·deem·ably\-blē\adverb