GNU Collaborative International Dictionary of English

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1.       
   redemption , n. [F. rédemption, L. redemptio. See redeem, and cf. ransom.] The act of redeeming, or the state of being redeemed; repurchase; ransom; release; rescue; deliverance; as, the redemption of prisoners taken in war; the redemption of a ship and cargo. Specifically: (a) (Law) 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 reentering upon an estate mortgaged. See Equity of redemption, under Equity. (b) (Com.) Performance of the obligation stated in a note, bill, bond, or other evidence of debt, by making payment to the holder. (c) (Theol.) 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.
   1913 Webster
   In whom we have redemption through his blood.
   Eph. i. 7.
   
   1913 Webster