redeemable

Adjective
  1. Recoverable upon payment or fulfilling a condition (synset 301963051)
    "redeemable goods in a pawnshop"
  2. Able to be converted into ready money or the equivalent (synset 300920079)
    "a cashable check"; "cashable gambling chips"; "redeemable stocks and bonds"; "a redeemable coupon"
  3. Susceptible to improvement or reform (synset 300638167)
    "a redeemable sinner"

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