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From Longman Dictionary of Contemporary English
Related topics: Stocks & shares
irredeemableir‧re‧deem‧a‧ble /ˌɪrɪˈdiːməbəl◂/ adjective  1 formalBAD too bad to be corrected, repaired, or saved Very few children are irredeemable.2 technicalBFS irredeemable bonds pay interest to the person who is lending money but do not have a set date saying when the money being lent must be paid backirredeemably adverb
Examples from the Corpus
irredeemableTo many, the area was a world of its own, largely irredeemable.Without renewal, decay becomes irredeemable.The moment was as irredeemable as shattered glass.Very few teachers are irredeemable, however hard-bitten they may appear.As far as I am concerned novelists are almost as redundant as psychiatrists because both species have the same irredeemable impertinence.These are a historical survival and no new irredeemable stocks have been issued for many years.First, women were probably regarded as more hopelessly incorrigible, more totally irredeemable when fallen.
From Longman Business Dictionaryirredeemableir‧re‧deem‧a‧ble /ˌɪrɪˈdiːməbəl◂/ adjectiveFINANCE an irredeemable bond pays interest but has no MATURITY DATE (=date at which the borrower will repay the lender)There are nine British government stocks outstanding which have no final maturity; they are irredeemable bonds.irredeemable noun [countable]Bonds with no redemption date are known as irredeemables, perpetuals or consols.
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