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v. to buy back, as when an owner who had mortgaged his/her real property pays off the debt. The term also refers to paying the amount due and all charges after a foreclosure (due to failure to make payments when due) has begun. A person who has pawned a possession may redeem the item by paying the loan and interest to the pawnbroker. (See: foreclosure, mortgage, redemption)
redeem(Repurchase), verb buy back, deliver, get back, liberate, obtain, ransom, recall, recapture, reclaim, recoup, recover, regain, release, replevin, replevy, repossess, rescue, retrieve
Associated concepts: right to redeem
redeem(Satisfy debts), verb absolve, atone, do penance, expiate, give satisfaction, make amends, make up for, offset bad debts, propitiate, reform, satisfy, set straight, shrive, turn from sin
See also: buy, collect, conserve, cure, defray, discharge, disenthrall, extricate, free, fulfill, indemnify, liberate, liquidate, outbalance, pardon, purchase, purge, reclaim, recoup, recover, reform, refund, rehabilitate, renovate, repossess, rescue, restore, return, save