redeem

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redeem

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
References in periodicals archive ?
All regulatory requirements relating to the redemption of the Redeemed Shares have been satisfied by Wells Fargo & Company.
For example, as few as 17,9001 Ultimate Rewards points can be redeemed towards the current price of an Apple TV 4K, 39,9001 points can be redeemed for the new Apple Watch Series 4 or the iPad mini 4 and 99,9001 can be redeemed for the new iPhone XS 64GB.
Q: What should Isko have done after Mari redeemed his property?
Terms & Conditions: Voucher can be redeemed up to and including September 22nd 2013.
The pointing system programme was first launched in February 2009, where points could only be redeemed for services provided by Umniah.
"However, a number of people participate in a debit rewards program have never actually redeemed their rewards points.
2 : to buy, get, or win back <He redeemed his honor.>
"Liquidity has been available to redeem Lafayette Trust investments that have matured since the start of the Canadian asset-backed commercial paper market disruption, but the company has received no assurance that its Lafayette Trust investments will be redeemed at maturity," STMG said.
On June 29, 1996, MIL redeemed the LP interests held by the charities at FMV as of that date.
Certificates can be redeemed for travel through December 17, 2006.
Keeping track of Points is easy via monthly emails, and account activity can be reviewed online for flight details, Points redeemed and Points available.
To remedy this problem, an arcane international body called the Universal Postal Union had invented the coupons, which could be redeemed for local stamps.