Definitions of redemption

1. purchasing back something previously sold

2. In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.

3. The act of freeing or buying back; state of being freed or bought back; ransom; salvation of mankind by Jesus Christ.

4. Act of redeeming or buying back: ransom: release: the deliverance of mankind from sin and misery by Christ.

5. Act of redeeming; repurchase; deliverance.

6. The act of redeeming, or the state of being redeemed.

7. Repurchase; ransom; release; deliverance; repurchase, as of lands alienated; the liberation of an estate from a mortgage; the ransom or deliverance of sinners from the penalty and bondage of sin. See Redeem.

8. Ransom; release; repurchase; deliverance from sin and misery by the death of Christ.