Definitions from Wiktionary ( )

▸ adjective:  Not redeemable; not able to be restored, recovered, revoked, or escaped.
▸ adjective:  (finance, of debts, currency, etc.) Not able to be cancelled by a payment or converted to another form of currency or financial instrument, especially one considered more secure or reliable.
▸ noun:  (finance) A financial instrument that cannot be freely redeemed.




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