to redeem
- verb
- /rɪˈdim/
- Specialized
- Of course, one day they will redeem their treasury notes for cash.
Of course, one day they will redeem their treasury notes for cash.
- Of course, one day they will redeem their treasury notes for cash.
- And you can you could redeem your paper and get gold.
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Civil War greenbacks were slowly withdrawn from circulation (and were redeemed in gold beginning in 1879).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
Give back money you borrowed from someone
Repay all the money you owe on a loan
To pay back money you borrowed
Antonyms
How Much
Surface Forms
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.