1. (theology) the act of delivering from sin or saving from evil
   "The preacher spoke passionately about the redemption of sinners";
   - salvation
    
2. The act of purchasing back something previously sold
   "The company initiated a stock redemption to boost shareholder value";
   - repurchase, buyback
    
3. (corporation) repayment of the principal amount of a debt or security at or before maturity (as when a corporation repurchases its own stock)
   "The company announced the early redemption of its bonds"

Derived forms: redemptions

Type of: deliverance, delivery, purchase, quittance, repayment, rescue, saving

Encyclopedia: Redemption, Part 2