
Re·demp·tion [ri-demp-shuhn]
–noun
1.
an act of redeeming or the state of being redeemed.
2.
deliverance; rescue.
3.
Theology . deliverance from sin; salvation.
4.
atonement for guilt.
5.
repurchase, as of something sold.
6.
paying off, as of a mortgage, bond, or note.
7.
recovery by payment, as of something pledged.
8.
conversion of paper money into specie.