Redeem
/rɪˈdiːm/
Definitions
- (v.) To regain possession of something by paying a specified sum or fulfilling a condition.
She redeemed her pawned watch by paying the loan amount.
- (v.) To fulfill or meet an obligation or promise.
The company redeemed its pledge to reduce emissions by 2025.
- (v.) To exchange a voucher, coupon, or bond for goods, services, or money.
The customer redeemed the coupon for a discount.
Forms
- redeems
- redeemed
- redeeming
Related terms
See also
Commentary
In legal contexts, precise use distinguishes redeeming tangible property from fulfilling contractual promises.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.