Meaning : Recoverable upon payment or fulfilling a condition.
Example :
Redeemable goods in a pawnshop.
Meaning : Able to be converted into ready money or the equivalent.
Example :
A cashable check.
Cashable gambling chips.
Redeemable stocks and bonds.
A redeemable coupon.
Synonyms : cashable
Meaning : Susceptible to improvement or reform.
Example :
A redeemable sinner.
Synonyms : reformable