redeemable

Adjective

• susceptible to improvement or reform
  • a redeemable sinner
    

• able to be converted into ready money or the equivalent
  • a cashable check
    
  • cashable gambling chips
    
  • redeemable stocks and bonds
    
  • a redeemable coupon
    

• recoverable upon payment or fulfilling a condition
  • redeemable goods in a pawnshop
    

Related words

• Synonyms: 
  reformable , cashable