redemption

6 definitions • 9 examples

to be too bad to be improved or saved by anyone:

He believed passionately that no human was beyond redemption.

(especially in Christianity) an occasion when someone is saved from evil, suffering, etc.

the act of exchanging bonds, shares, etc. for money:

The bonds will be redeemed at 100% of their principal amount, plus interest to the redemption date.

the state of being kept from evil or of improving morally:

The political leadership in that state is so corrupt that it’s beyond redemption (= it will always be morally bad).

the act of exchanging shares or bonds for cash:

Redemptions made by telephone for shares recently purchased by check will not be honored unless the check has cleared.

For redemptions of $50,000 or more, you must include a signature guarantee for each owner.

redemption requests/orders/penalties

redemption proceeds/fees/yields

make/request/submit a redemption You may request a redemption or an exchange by calling our Shareholder Service Center.

the act of paying back a loan:

redemption of debt/a loan/a mortgage The nation's largest jewelry retailer reported an 11% rise in earnings for the latest quarter, boosted by higher sales and the early redemption of debt.