redeemabilityEtymologyFrom redeem + -ability or redeemable + -ity.nounThe quality of being redeemable.“Its redeemability converts the redemptors into rent-chargers, and, according to an official report quoted in Mr. Dowell’s “History of Taxation in England,” ever since Pitt’s rearrangement the unredeemed amounts have been regarded as a fixed charge on properties, subject to which they have been bought and sold many times over.”