1. The act of redeeming or the condition of having been redeemed. 2. Recovery of something pawned or mortgaged. 3. The payment of an obligation, as a government's payment of the value of its bonds. 4. Deliverance upon payment of ransom; rescue. 5.Christianity Salvation from sin through Jesus's sacrifice.
ETYMOLOGY:
Middle English redempcioun, from Old French redemption, from Latin redmpti, redmptin-, from redmptus, past participle of redimere, to redeem. See redeem.