Irredeemable

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Irredeemable

1. See: Irredeemable bond.

2. See: Irredeemable security.
References in periodicals archive ?
To the extent that the monetary system remains based in large part on the latter, any sudden irredeemability of fractional-reserve IOUs cannot bring about a meltdown of the monetary system or a general economic crisis.
The theory of the poor now popular in academia lends credence to ideas of irredeemability and irreversible damage.
Women whose lifestyles fell outside these parameters of acceptable conduct were perceived as a danger to the moral and social fibre of the community, and their repeated offending a proof of their irredeemability. New Zealand prison officials were convinced of the degraded condition of female criminals, considering them as "pests" who wreaked havoc in the community,(62) and "long past all possibility of reformation."(63)