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redeemability
noun
The quality of being redeemable.
synonyms
Exact(1)
One national chain that has been in business since 1902 plans to devote part of its holiday campaign to reassuring shoppers about the redeemability of its gift cards, much the same way that banks have run ads focused on the safety of a depositor's savings.
Similar(1)
If government borrowing raises the market rate of interest, this may in turn encourage the diversion of additional money to saving, as may government securities that offer additional attractions such as small denominations or redeemability not possessed by other securities.
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