WHAT DOES NOT REDEEMABLE MEAN

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1. not redeemable, as for payment: nonredeemable soda bottles. The Bonds are non-redeemable and do not allow any withdrawals or closure during their.

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Definition of Non-Redeemable in the Financial Dictionary - by Free online English dictionary and encyclopedia. What does Non-Redeemable mean in finance?.

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This coupon not redeemable through any online retail outlets. The Sun () This coupon is not redeemable through any online retail outlets. The Sun.

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able to be converted into ready money or the equivalent.

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Investors might choose Non-Redeemable GICs if they do not require liquidity for their funds and think that interest rates might soon fall. Non-Redeemable GICs.

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2(of a coupon, voucher, etc.) able to be exchanged for goods, a discount, or money. 'the prize is not redeemable for cash'. 'redeemable coupons'. More example.

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