redeem


redeem
redeem re‧deem [rɪˈdiːm] verb [transitive] FINANCE
1. to pay off a loan or debt:

• He intends to redeem the mortgage at the earliest opportunity.

• When do you expect to redeem this debt?

2. to exchange shares, bonds etc for cash:

• A company will not normally be allowed to redeem its shares during the offer period if its board believes that a takeover offer is imminent.

3. to get back something that you pawnEd (= left with someone when you borrowed money from them ) , by returning the money borrowed
— redeemable adjective :

• Most of these bonds are redeemable at par, i.e. £100 is payable for each £100 nominal value of stock.

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redeem UK US /rɪˈdiːm/ verb [T]
FINANCE, STOCK MARKET to exchange shares or bonds for cash: »

Class B Shares are subject to a sales charge if they are redeemed within six years of purchase.

»

Private investors will have to pay their own dealing fees to redeem their holdings.

FINANCE to pay back a loan: »

redeem a loan/debt/mortgage

redeem a coupon/points/a voucher, etc. — Cf. redeem points

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • redeem — re·deem /ri dēm/ vt 1 a: repurchase b: to repurchase by right and not on the open market redeem preferred shares 2 a: to free from a lien or pledge usu. by payment of the amount secured thereby …   Law dictionary

  • 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},… …   The Collaborative International Dictionary of English

  • redeem — [v1] recover possession buy back, buy off, call in, cash, cash in, change, cover, defray, discharge, exchange, get back, make good, pay off, purchase, ransom, recapture, reclaim, recoup, regain, reinstate, repay, replevin, replevy, repossess,… …   New thesaurus

  • Redeem — Allgemeine Informationen Genre(s) Alternative / Rock Gründung 2003 Website http://www.redeem.ch …   Deutsch Wikipedia

  • redeem — ► VERB 1) make up for the faults or bad aspects of. 2) (redeem oneself) make up for one s poor past performance or behaviour. 3) save from sin, error, or evil. 4) fulfil (a pledge or promise). 5) gain or regain possession of in exchange for… …   English terms dictionary

  • redeem — [ri dēm′] vt. [LME redemen < MFr redimer < L redimere < re(d) , back + emere, to get, buy < IE base * em , to take > Lith imù, OSlav imǫ, to take] 1. to buy back 2. to get back; recover, as by paying a fee 3. to pay off (a mortgage …   English World dictionary

  • redeem — (v.) early 15c., from M.Fr. redemer (see REDEMPTION (Cf. redemption)). Related: Redeemed; redeeming …   Etymology dictionary

  • redeem — deliver, *rescue, ransom, save, reclaim Analogous words: *free, liberate, release, emancipate, manumit: restore, *renew, renovate: *recover, regain …   New Dictionary of Synonyms

  • redeem — [[t]rɪdi͟ːm[/t]] redeems, redeeming, redeemed 1) VERB If you redeem yourself or your reputation, you do something that makes people have a good opinion of you again after you have behaved or performed badly. [V n] He had realized the mistake he… …   English dictionary

  • redeem — re|deem [rıˈdi:m] v [T] formal ▬▬▬▬▬▬▬ 1¦(improve something)¦ 2 redeem yourself 3¦(get money for something)¦ 4¦(religion)¦ 5 redeem a promise/pledge 6¦(get something back)¦ ▬▬▬▬▬▬▬ [Date: 1400 1500; : French; Origin: rédimer, from Latin redimere …   Dictionary of contemporary English