irredeemable
Pronunciation
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002
Pronunciation
- IPA: /ɪɹəˈdiːməbəl/
- Not redeemable; not able to be restored, recovered, revoked, or escaped.
- 1908, Kenneth Grahame, The Wind in the Willows:
- 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.
- 1909, Arthur Quiller-Couch, True Tilda, ch. 2:
- She was horribly frightened; but she had pledged her word now, and it was irredeemable.
- 1908, Kenneth Grahame, The Wind in the Willows:
- (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.
- 1776, Adam Smith, The Wealth of Nations, ch. 3:
- 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.
- 2005 Oct. 31, James Grant, "O Sage! O Confidence Man! ↗," Forbes (retrieved 17 Aug 2010):
- 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.
- 1776, Adam Smith, The Wealth of Nations, ch. 3:
- French: irrémédiable
irredeemable (plural irredeemables)
- (finance) A financial instrument that cannot be freely redeemed.
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002