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redeem

Redeem means to buy or get something back, pay off a lon, exchange one thing for another or convert into cash. (verb)

  1. An example of redeem is someone paying a pawn shop to get their watch back.
  2. An example of redeem is paying off a car loan.
  3. An example of redeem is turning in chips at a casino for money.

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See redeem in Webster's New World College Dictionary

See redeem in American Heritage Dictionary 4

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