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Re-demption | Re-demption \Re-demp"tion\ (-sh?n), n. [F. r['e]demption, 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 re["e]ntering 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] |
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