redeem

To exchange a voucher, points, or a financial investment for money or goods.

• You can redeem this voucher online.
• She redeemed her points for a free flight.
• When can I redeem these bonds for cash?

How to use it: redeem something for something (You can redeem these points for free tickets.); redeem something at somewhere (Redeem the voucher at any of our shops.)

Similar words: cash in, exchange

Common phrases: redeem a voucher, redeem points, redeem for cash, redeem a bond

To pay back all the money owed on a debt.

• They redeemed the mortgage early.
• She saved enough to redeem the entire debt.
• The bank charges a fee if you redeem your loan before June.

Similar words: pay off, settle, repay

Common phrases: redeem a mortgage, redeem a debt, redeem a loan

To get something you previously owned back by paying for it.

• He redeemed his watch.
• She saved enough to redeem the family land.
• Can I redeem these pawned goods today?

How to use it: redeem something from someone (She redeemed her ring from the pawnbroker.)

Similar words: buy back, recover

Common phrases: redeem a watch, redeem pawned goods

To pay money to free someone who is being held prisoner.

• They paid to redeem the prisoner.
• The family redeemed their son from his captors.
• A wealthy merchant offered to redeem the captives.

How to use it: redeem someone from something (The payment redeemed him from captivity.)

Similar words: ransom, free

Common phrases: redeem a captive, redeem a prisoner