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To recover ownership of by paying a specified sum.
(verb-transitive)
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To pay off (a promissory note, for example).
(verb-transitive)
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To turn in (coupons, for example) and receive something in exchange.
(verb-transitive)
-
To fulfill (a pledge, for example).
(verb-transitive)
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To convert into cash: redeem stocks.
(verb-transitive)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.