redemption

noun

1. (countable, uncountable)The act of redeeming or something redeemed.
2. (countable, uncountable)The recovery, for a fee, of a pawned article.
3. (countable, uncountable)The conversion (of a security) into cash.

   “When money comes in, stablecoin operators can exercise how and when to buy reserves. When they face redemptions, they have to act faster.”

4. (countable, uncountable)Salvation from sin.

   “Before creating the world, God knew both the need for and the means of the redemption He would provide through Jesus Christ.”

5. (countable, uncountable)Rescue upon payment of a ransom.