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From: Webster's Revised Unabridged Dictionary (1913)

 Ir·re·deem·a·ble a. Not redeemable; that can not be redeemed; not payable in gold or silver, as a bond; -- used especially of such government notes, issued as currency, as are not convertible into coin at the pleasure of the holder. -- Ir*re*deem*a*ble*ness, adv.