redemption
Americannoun
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an act of atoning for guilt, a fault, or a mistake, or the state of having atoned.
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an act or the state of being rescued.
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Christianity. deliverance from sin; salvation.
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repurchase of something sold, such as to a pawn shop.
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paying off, as of a mortgage, bond, or note.
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recovery by payment, as of something pledged.
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conversion of paper money into coins.
noun
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the act or process of redeeming
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the state of being redeemed
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Christianity
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deliverance from sin through the incarnation, sufferings, and death of Christ
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atonement for guilt
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conversion of paper money into bullion or specie
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removal of a financial obligation by paying off a note, bond, etc
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( as modifier )
redemption date
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Other Word Forms
- nonredemption noun
- postredemption noun
- preredemption noun
- redemptional adjective
- redemptionless adjective
- redemptively adverb
Etymology
Origin of redemption
First recorded in 1300–50; Middle English redempcioun, from Middle French redemption, from Late Latin redēmptiōn-, stem of redēmptiō “deliverance, buyback,” from Latin redēmpt(us) “bought back” (past participle of redimere “to buy back, repurchase”; redeem ) + -iō -ion
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
HKEx's net investment income is expected to be affected in part by interest rate movement and the redemptions from the external portfolio, Herbert Hui, the exchange's chief financial officer, said Thursday.
From Barron's
That illusion can evaporate quickly in times of crisis when redemptions mount or the underlying assets reprice sharply.
From MarketWatch
Some such vehicles experienced high numbers of redemption requests toward the end of last year, a sign of investor jitters about the high-yield, riskier business loans typically made by private-credit lenders.
But looking under the hood reveals some internal issues, making Aston Martin's road to redemption more difficult.
From Barron's
Robert Hendricks immediately emailed his wealth adviser after seeing headlines on X saying Blue Owl Capital OWL 2.78%increase; green up pointing triangle was halting redemptions in one of its private-credit funds.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
