To compensate for faults or bad aspects of something. He tried to redeem himself by apologizing for his mistake.
To gain or regain possession of something in exchange for payment. She went to the pawn shop to redeem her jewelry.
To fulfill or carry out a pledge or promise. He redeemed his promise to help her with the project.
To convert a voucher, coupon, or points into goods, services, or money. You can redeem your points for a discount on your next purchase.
To save someone from sin, error, or evil. The story is about a hero who redeems the world from darkness.
To pay off (a loan, bond, or other financial obligation) in full, often before its maturity date. The corporation redeemed its outstanding bonds two years ahead of schedule.