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to redeem

to redeem

14 5.4
Pay off a debt or buy back something by making a payment
  • verb
  • /rɪˈdim/
  • Specialized
translation icon : cancelar (una deuda)
  • Of course, one day they will redeem their treasury notes for cash.

Of course, one day they will redeem their treasury notes for cash.

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Examples

  • After borrowing money for repairs, she was able to redeem her credit score by paying off the debt.

  • Civil War greenbacks were slowly withdrawn from circulation (and were redeemed in gold beginning in 1879).

    Academic text (2012)
  • And you can you could redeem your paper and get gold.

  • Sign over the vessel... and you will redeem the house.

  • The general is here to redeem his promissory notes.

  • Switzerland redeemed $50 billion of dollar paper for gold in July 1971.

    Academic text (2012)
  • Uh, about five months ago, Mr. Lodge redeemed $5,000 worth of his whole life policy with us.

  • Unlike marketable securities, special issues can be redeemed at any time at face value.

    Blog text (31)
  • They bore no interest and could be redeemed for specie on demand.

  • England's central bank was privately owned and granted the monopoly to issue banknotes, paper that could be redeemed for an equal amount of gold from the government's coffers.

Synonyms

to pay back
vsto redeem
298 1.6

Give back money you borrowed from someone

is broader, adding buy back or clearing debt senses beyond returning money
to pay off
vsto redeem
153 2.7

Repay all the money you owe on a loan

also covers buying back something or regaining it by payment
to repay
vsto redeem
75 1.7

To pay back money you borrowed

also means buying back or regaining by payment rather than only returning money

Antonyms

81 5.7

To lose something because you break a rule or as a penalty

to default
  • Specialized
55 6.7

Fail to pay money you owe on a loan

How Much

to redeem
  • Specialized
14 5.4
to settle
140 3.4
to repay
75 1.7
to pay
1.0

Surface Forms

redeem infinitive
redeemed past
redeemed past participle
redeeming present participle
redeems third person singular

Etymology

Redeem comes from Latin parts re- 'again' and emere 'to buy', so it originally meant to 'buy back'. That's why to redeem a loan is like 'buying back' your debt by paying it off.