The Collaborative International Dictionary of English v.0.48:
Redeem \Re*deem"\ (r?*d?m"), v. t. [imp. & p. p. Redeemed.
(-d?md"); p. pr. & vb. n. Redeeming.] [F. r['e]dimer, L.
redimere; pref. red-, re- re- + emere, emptum, to buy,
originally, to take, cf. OIr. em (in comp.), Lith. imti. Cf.
Assume, Consume, Exempt, Premium, Prompt,
1. To purchase back; to regain possession of by payment of a
stipulated price; to repurchase.
If a man sell a dwelling house in a walled city,
then he may redeem it within a whole year after it
is sold. --Lev. xxv.
2. Hence, specifically:
(a) (Law) To recall, as an estate, or to regain, as
mortgaged property, by paying what may be due by force
of the mortgage.
(b) (Com.) To regain by performing the obligation or
condition stated; to discharge the obligation
mentioned in, as a promissory note, bond, or other
evidence of debt; as, to redeem bank notes with coin.
3. To ransom, liberate, or rescue from captivity or bondage,
or from any obligation or liability to suffer or to be
forfeited, by paying a price or ransom; to ransom; to
rescue; to recover; as, to redeem a captive, a pledge, and
Redeem Israel, O God, out of all his troubles. --Ps.
The Almighty from the grave
Hath me redeemed. --Sandys.
4. (Theol.) Hence, to rescue and deliver from the bondage of
sin and the penalties of God's violated law.
Christ hath redeemed us from the curse of the law,
being made a curse for us. --Gal. iii.
5. To make good by performing fully; to fulfill; as, to
redeem one's promises.
I will redeem all this on Percy's head. --Shak.
6. To pay the penalty of; to make amends for; to serve as an
equivalent or offset for; to atone for; to compensate; as,
to redeem an error.
Which of ye will be mortal, to redeem
Man's mortal crime? --Milton.
It is a chance which does redeem all sorrows.
To redeem the time, to make the best use of it.