redemption

Meanings

1. 1
   noun

   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.

2. 2
   noun

   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.

3. 3
   noun

   the act of purchasing back something previously sold

4. 4
   noun

   (theology) the act of delivering from sin or saving from evil

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

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