From Longman Dictionary of Contemporary Englishredemptionre‧demp‧tion /rɪˈdempʃən/ noun [uncountable] 1 RRCthe state of being freed from the power of evil, believed by Christians to be made possible by Jesus Christ2 the act of exchanging a piece of paper worth a particular amount of money for money, goods, or services3 → past/beyond redemption4 technicalBFS the exchange of shares, bonds etc for money —redemptive /-tɪv/ adjective
Examples from the Corpus
redemption• He is a man of miracles and redemption, crime and defiance.• After his last movie bombed, this script is Brown's shot at redemption.• But it is important to consider set-up charges and early redemption penalties.• The yield to the purchaser then depends on the difference between the price he paid for the bill and its redemption value.• Elsewhere, even such fragile respite is rare, the production deleting all possibilities of redemption or relief.• Clinton, with no more elections to win, seeks only redemption.• State redemption centers pay 5 cents for every two recyclable containers.• Do we have here an expression of the belief that the redemption of nature is integrally bound up with man's redemption?• The Corinthian women acted as though their redemption had caused them to transcend their created sexuality.From Longman Business Dictionaryredemptionre‧demp‧tion /rɪˈdempʃən/ noun [countable, uncountable]FINANCE1an occasion when shares, bonds etc are exchanged for cash from the organization that sold them and made them availableThe table sets out the amount payable on redemption.the redemption value of a securityAnalysts expect another large volume of early redemptions of municipal bonds.2the act of paying off a loan or debtthe redemption of a mortgage → see also equity of redemption, yield to redemptionOrigin redemption (1300-1400) French rédemption, from Latin redemptio, from redimere; → REDEEM 