What context can I use each word in?
Learn when and how to use these words with these examples!
repayable
Example
The loan is repayable in monthly installments. [repayable: adjective]
Example
The company has a large amount of repayable debt. [repayable: noun]
redeemable
Example
This coupon is redeemable for a free coffee at any participating store. [redeemable: adjective]
Example
The bond is redeemable at par value after five years. [redeemable: adjective]
Example
He was able to redeem himself by apologizing for his mistake. [redeem: verb]
Good things to know
Which word is more common?
Repayable is more commonly used than redeemable in everyday language, especially in the context of loans and debts. Redeemable is less common and is usually used in the context of coupons, bonds, or personal situations.
What’s the difference in the tone of formality between repayable and redeemable?
Both repayable and redeemable are formal words that are typically used in financial contexts. However, repayable is more commonly used in formal writing, while redeemable can be used in both formal and informal contexts.
