See Also: Redemption(law)
Redemption(finance)
Redemption fee(finance)
redemption(dictionary)
redemption(dictionary)
Right of redemption(finance)
Right of Redemption(money)
Redemption(money)
Redemption fee(money)
Redemption or call(money)

redemption (iou)



redemption noun. ME.
[Old & mod. French redemption from Latin redemptio(n-), from redempt- pa. ppl stem of redimere REDEEM: see -ION. Cf. RANSOM noun.]
Christian Theology. Humankind's deliverance from sin and damnation by the atonement of Christ. ME.
The action of freeing a prisoner, slave, etc., by payment; ransom. LME.
The action of freeing, delivering, restoring, or reclaiming something. LME.
b. A redeeming feature or thing. M19.
The action or a way of redeeming oneself from punishment; atonement for an offence. LME.
The purchase of membership of a society, guild, etc. LME.
The action of discharging a recurring liability or charge by a single payment. LME.
The action of redeeming or buying something back from another. LME.
Phrases & comb.: equity of redemption: see EQUITY noun 4. past redemption beyond the possibility of recovery or restoration. redemption yield the yield of a stock calculated as a percentage of the redemption price and allowing for any capital gain or loss which that price represents relative to the current price.
redemptional adjective M19.
redemptioner noun (a) US (obsolete exc. Hist.) an emigrant who received passage on condition that the passage-money and other expenses were repaid to the ship's master or owner out of wages earned on arrival; (b) a person who clears off a charge by redemption: L18.