Re-dĕmp'tion (-dĕmp'shun, 84), n.

(-dĕmp'shun, 84), n. [Fr. rédemption, Pr. redempção, rezempso, Sp. redencion, It. reden zione, Lat. redemptio. See REDEEM.] 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; hence, 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-entering upon an estate mortgaged. See EQUITY OF REDEMPTION. (b.) (Com.) Repurchase by the issuer, of notes, bills, or other evidences 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.

In whom we have redemption through his blood. Ephes. i. 7.