Meaning of “redeemable stock” in the English Dictionary

business-english dictionary

"redeemable stock" in Business English

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redeemable stocknoun [ U ]

uk us also UK redeemable share STOCK MARKET, FINANCE

a type of stock that the seller agrees to buy back under particular conditions:

Most redeemable stock has an earliest and a latest redeemable date.
The company raised $22.1 million in a sale of Series C stock, priced at $1.12 per redeemable share.

(Definition of “redeemable stock” from the Cambridge Business English Dictionary © Cambridge University Press)