() redeemable shares, bonds, etc. can be bought back for money by the company that issues (= sells) them （股票、债券等）可赎回的◆The bonds are redeemable at their face value after five years. 债券五年後可按面值赎回。⨁redeemable securities / shares / stock 可赎回证券／股份／股票
() able to be exchanged for goods, services or money 可兑换的；可交换的◆The points you earn on your loyalty card are redeemable for gifts. 会员卡积分可兑换礼品。