REDEMPTION
redemption, repurchase, buyback
(noun) the act of purchasing back something previously sold
redemption, salvation
(noun) (theology) the act of delivering from sin or saving from evil
redemption
(noun) repayment of the principal amount of a debt or security at or before maturity (as when a corporation repurchases its own stock)
Source: WordNet® 3.1
Etymology
Noun
redemption (countable and uncountable, plural redemptions)
The act of redeeming or something redeemed.
The recovery, for a fee, of a pawned article.
Salvation from sin.
Rescue upon payment of a ransom.
Anagrams
• nemopterid
Source: Wiktionary
Re-demp"tion (-shn), n. Etym: [F. rédemption, L. redemptio. See
Redeem, and cf. Ransom.]
Definition: The act of redeeming, or the state of being redeemed;
repurchase; ransom; release; rescue; deliverance; as, the redemption
of prisoners taken in war; the redemption of a ship and cargo.
Specifically:
(a) (Law) The liberation of an estate from a mortgage, or the taking
back of property mortgaged, upon performance of the terms or
conditions on which it was conveyed; also, the right of redeeming and
reëntering upon an estate mortgaged. See Equity of redemption, under
Equity.
(b) (Com.) Performance of the obligation stated in a note, bill,
bond, or other evidence of debt, by making payment to the holder.
(c) (Theol.) The procuring of God's favor by the sufferings and death
of Christ; the ransom or deliverance of sinners from the bondage of
sin and the penalties of God's violated law.
In whom we have redemption through his blood. Eph. i. 7.
Source: Webster’s Unabridged Dictionary 1913 Edition