REDEEMABLE

1. Subject to an obligation of redemption; embodying, or conditioned upon, a promise or obligation of reu.ernption;.convertible into coin; as, a "redeemable currency." See U. S. v. North Carolina, 136 U. S. 211, 10 Sup. Ct. 920, 34 L. Ed. 336. 2. Subject to redemption; admitting of redemption or repurchase; given or held under conditions admitting of reacquisition by purchase; as, a "redeemable pledge." -Redeemable right■• Rights which return to the conveyor or disposer of land, etc., upon payment of the sum for which such rights a.re granted. Jacob. REDELIVERY, A yielding a:.d dellverlng back of a thing. -Redelivery bond. A bond given to a sheriff or other officer, who has attached or levied on personal property, to obtain the release and repo e ion of the property, conditioned to redeliver the property to the officer or pay him its value in case the levy or attach• ment is adjudged good. See Drake v. Sworts, 24 Or. 198, 33 Pac. 563. [s. 1009]