redeemable

adjectives

recoverable upon payment or fulfilling a condition
"redeemable goods in a pawnshop"
is similar to
capable of being recovered or regained
"recoverable truth of a past event"
able to be converted into ready money or the equivalent
"a cashable check"; "cashable gambling chips"; "redeemable stocks and bonds"; "a redeemable coupon"
susceptible to improvement or reform
"a redeemable sinner"