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REDEEMABLE

Categories: Contracts

Definition (1910 Edition)

1. Subject to an obligation of redemption; embodying, or conditioned upon, a promise or obligation of redemption; convertible into coin; as, a “re. deemable currency.” See U. 8S. v. North
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.