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redeemable

/rɪˈdiːməbəl/ /iːˈdiːməbəl/
Visual illustration of redeemable: Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase
adjective

Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase