Definition of "re-demption" []

• The liberation of an estate from a mortgage, or the taking back of property mortgaged, upon performance of the terms or conditions on which it was conveyed; also, the right of redeeming and reëntering upon an estate mortgaged. See Equity of redemption, under equity. (noun)
• Performance of the obligation stated in a note, bill, bond, or other evidence of debt, by making payment to the holder. (noun)
• The procuring of God's favor by the sufferings and death of Christ; the ransom or deliverance of sinners from the bondage of sin and the penalties of God's violated law. (noun)

Gnu Collaboartive International Dictionary of English: licensed under The Code Project Open License (CPOL)

• "This week was the final date for clients to put in re-demption requests for many funds in order to get their money back by the end of the year, and the industry is worried about the scale of withdrawals."