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Redemption

//ɹɪˈdɛmpʃən// noun

Definitions

Noun
  1. 1
    The act of redeeming or something redeemed. countable, uncountable
  2. 2
    the act of purchasing back something previously sold wordnet
  3. 3
    The recovery, for a fee, of a pawned article. countable, uncountable
  4. 4
    (theology) the act of delivering from sin or saving from evil wordnet
  5. 5
    The conversion (of a security) into cash. countable, uncountable

    "When money comes in, stablecoin operators can exercise how and when to buy reserves. When they face redemptions, they have to act faster."

Show 3 more definitions
  1. 6
    repayment of the principal amount of a debt or security at or before maturity (as when a corporation repurchases its own stock) wordnet
  2. 7
    Salvation from sin. countable, uncountable

    "Before creating the world, God knew both the need for and the means of the redemption He would provide through Jesus Christ."

  3. 8
    Rescue upon payment of a ransom. countable, uncountable

Etymology

From Middle English redempcioun, from Old French redemption, from Latin redemptio. Doublet of ransom. Displaced native Old English ālīesung, ālīesnes.

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