noun
definition
A financial instrument that cannot be freely redeemed.
adjective
definition
Not redeemable; not able to be restored, recovered, revoked, or escaped.
definition
(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.
Examples of irredeemable in a Sentence
The Democrats adopted a platform declaring in favour of indefinitely enlarging the volume of the irredeemable paper currency which the Civil War had left behind it.
Transplant of embryonic cells into the brains of Parkinson's patients turned into an irredeemable nightmare because the cells grew uncontrollably [17] .
There still remains, however, an irredeemable debt due to the common schools, Ohio University and Ohio State University, in return for their public lands.
The bonded debt of the state on the 31st of December 1908 amounted to $550,000, of which the state held an irredeemable bond for $380,000; the actual redeemable bonded debt of $170,000 was due to the investment of the school and university funds in the bonds of the state.
He successfully opposed a bill providing for what would have been practically an irredeemable currency, and he voted against the bill for chartering the second United States bank, although it provided for the redemp - tion of bank notes in specie, because he objected to permitting the government to have so large a share in its management.
The straw skep has, however, the irredeemable fault of fixed combs, and the gradual development of the movable-frame The mov- h i ve of to-day may be said to have first appeared in able-frame hive.
First, that Labor's position, tho not irredeemable, may now be increasingly difficult to reverse.
The Labor Party is now irredeemable from the point of view of working-class people and socialists in particular.