Noah Webster's Dictionary 1. (a.) Capable of being redeemed; subject to repurchase; held under conditions permitting redemption; as, a pledge securing the payment of money is redeemable. 2. (a.) Subject to an obligation of redemption; conditioned upon a promise of redemption; payable; due; as, bonds, promissory notes, etc. , redeemable in gold, or in current money, or four months after date.

Multi-Version Concordance Redeemable (1 Occurrence) Leviticus 25:33 as to him who redeemeth from the Levites, both the sale of a house and the city of his possession have gone out in the jubilee, for the houses of the cities of the Levites are their possession in the midst of the sons of Israel. (See NIV)