redeemable
C1CEFR level
60/100Rarity: rare
TechnicalRegister
Law adjective
Describing shares that the company may or must buy back on stated terms.
The redeemable preference shares were bought back at par on the agreed date.
Business adjective
Able to be bought back or paid off by the issuer before or at maturity.
The preference shares were redeemable at par after five years.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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