irredeemable

adj, noun — 3 senses

irredeemable

adj

/ɪɹəˈdiːməbəl/

Etymology From ir- + redeemable.

1

Not redeemable; not able to be restored, recovered, revoked, or escaped.

  • It wavered an instant—then there was a heartrending crash—and the canary-coloured cart, their pride and their joy, lay on its side in the ditch, an irredeemable wreck.1908 October, Kenneth Grahame, The Wind in the Willows, New York, N.Y.: Charles Scribner’s Sons, →OCLC:
  • She was horribly frightened; but she had pledged her word now, and it was irredeemable.1909, Arthur Quiller-Couch, chapter 2, in True Tilda:
1 more example
  • To Mr. [Jeff] Epstein, Mr. [Steve] Bannon said that while others called him irredeemable, “you are a lot of things — which we will show — but you are NOT that.”2026 February 16, Sharon LaFraniere, Teresa Mondría Terol, “Despite Epstein’s Toxicity, Steve Bannon Stood by Him, Texts Indicate”, in The New York Times, →ISSN:
2

Business, Finance Usually, Of debts 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.

  • The subscribers to a new loan, who mean generally to sell their subscription as soon as possible, prefer greatly a perpetual annuity, redeemable by parliament, to an irredeemable annuity, for a long term of years, of only equal amount.1776, Adam Smith, chapter 3, in The Wealth of Nations:
  • Investors have always had to trust somebody or something. . . . But they have not always had to make a leap of faith about a nation's irredeemable paper currency. Up until Aug. 15, 1971 the dollar was exchangeable into gold at the rate of $35 to the ounce.2005 October 31, James Grant, “O Sage! O Confidence Man!”, in Forbes, retrieved 17 Aug 2010:
Synonyms
unredeemable
Derived terms
irredeemableness, irredeemably

irredeemable

noun

Etymology From ir- + redeemable.

1

Business, Finance A financial instrument that cannot be freely redeemed.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.