redeemable vs convertible

redeemable is not a noun while convertible is a noun.

Word	Noun	Adjective	Verb	Adverb
redeemable	No	Yes	No	No
convertible	Yes	Yes	No	No

redeemable (noun)	convertible (noun)
	a car that has top that can be folded or removed
	a sofa that can be converted into a bed
	a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)

redeemable (adjective)	convertible (adjective)
able to be converted into ready money or the equivalent	capable of being exchanged for or replaced by something of equal value
susceptible to improvement or reform	designed to be changed from one use or form to another
recoverable upon payment or fulfilling a condition	capable of being changed in substance as if by alchemy