redemption

Definition

• n. (theology) the act of delivering from sin or saving from evil
• n. repayment of the principal amount of a debt or security at or before maturity (as when a corporation repurchases its own stock)
• n. the act of purchasing back something previously sold

Word forms

Plural

redemptions

Example sentences

1. n.

   Many people believe that finding true love is the ultimate redemption for their past mistakes.

2. n.

   The bank offered a special rate for the redemption of the loan before the due date.