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Vinony

redemption

noun

  1. religious concept referring to forgiveness or absolution for past sins
  2. save and exchange
L326506 on Wikidata ↗

Wiktionary

Pronunciation: /ɹɪˈdɛmpʃən/

noun

Etymology: From Middle English redempcioun, from Old French redemption, from Latin redemptio. Doublet of ransom. Displaced native Old English ālīesung, ālīesnes.

  1. The act of redeeming or something redeemed.
  2. The recovery, for a fee, of a pawned article.
  3. The conversion (of a security) into cash.

    “When money comes in, stablecoin operators can exercise how and when to buy reserves. When they face redemptions, they have to act faster.”

  4. Salvation from sin.

    “Before creating the world, God knew both the need for and the means of the redemption He would provide through Jesus Christ.”

  5. Rescue upon payment of a ransom.