an act of redeeming or the state of being redeemed.

deliverance; rescue.

Theology . deliverance from sin; salvation.

atonement for guilt.

repurchase, as of something sold.

paying off, as of a mortgage, bond, or note.

recovery by payment, as of something pledged.

conversion of paper money into specie.

noun

deliverance , ransom , repurchase , rescue , salvation