irredeemable

Debentures, gilts, and loan stock which have no fixed redemption date or undated. Generally, they are therefore only repayable at the option of the borrower or, as with companies, on a liquidation or in special circumstances such as a takeover.

irredeemable

[adj] - (of paper money) not convertible into coin at the pleasure of the holder
Found on http://www.webdictionary.co.uk/definition.php?query=irredeemable

Irredeemable

• (a.) Not redeemable; that can not be redeemed; not payable in gold or silver, as a bond; -- used especially of such government notes, issued as currency, as are not convertible into coin at the pleasure of the holder.
Found on http://thinkexist.com/dictionary/meaning/irredeemable/

irredeemable

adjective (of paper money) not convertible into coin at the pleasure of the holder
Found on https://www.encyclo.co.uk/local/20974

Irredeemable

Ir`re·deem'a·ble adjective Not redeemable; that can not be redeemed; not payable in gold or silver, as a bond; -- used especially of such government notes, issued as currency, as are not convertible into coin at the pleasure of the holder. -- Ir`re*deem'a*ble*ness , adverb ...
Found on http://www.encyclo.co.uk/webster/I/97
No exact match found