ADJ.
preferred, still
REDEEMABLE + NOUN
annuity, stock
adj
Capable of being redeemed; able to be restored or recovered.
Capable of being paid off; subject to a right on the part of the debtor to discharge or of an issuer to repurchase
a redeemable annuity
redeemable preferred stock
Susceptible to correction or reform.
noun
A financial instrument that can be redeemed.
adjective — susceptible to improvement or reform
adjective — able to be converted into ready money or the equivalent
Do you think that Tom is still redeemable?