Definitions for "Redeem"
To ransom, liberate, or rescue from captivity or bondage, or from any obligation or liability to suffer or to be forfeited, by paying a price or ransom; to ransom; to rescue; to recover; as, to redeem a captive, a pledge, and the like.
Hence, to rescue and deliver from the bondage of sin and the penalties of God's violated law.
To buy back. Describes what Jesus did for all people by coming to earth, living a perfect live to fulfill God's demands of all people, and dying on the cross for the sins of all people of all time. "You are not your own; you were bought at a price" (1 Corinthians 6:19, 20).
To purchase back; to regain possession of by payment of a stipulated price; to repurchase.
To recall, as an estate, or to regain, as mortgaged property, by paying what may be due by force of the mortgage.
To regain by performing the obligation or condition stated; to discharge the obligation mentioned in, as a promissory note, bond, or other evidence of debt; as, to redeem bank notes with coin.
The act of paying off a mortgage debt during a foreclosure suit so as to rid the property of that encumbrance.
Literally '~o buy back." This act of buying back lands after a mortgage foreclosure, tax foreclosure, or other execution sale.
exchange or buy back for money; under threat
The act of using Pinelands Development Credits to obtain density bonuses on receiving properties. Once redeemed, PDCs can never be used again.
To bring mortgage payments up-to-date after the lender has begun default proceedings. Once a borrower (or other lien holder) redeems, the mortgage is back in good standing and the relationship continues as before the default.
To repay a mortgage or other debt.
When you take your bond to the bank to get money for it, you redeem the bond. The longer you keep your bond, the more money you get when you redeem it
to repay a bond, debenture, mortgage, etc.
convert into cash; of commercial papers
To cash in or exchange funds for liquid assets.
to cash in your shares by selling them back to the mutual fund. Mutual fund shares may be redeemed on any business day.
To make good by performing fully; to fulfill; as, to redeem one's promises.