redeem

  

Definitions (3)

1. Finance: To buy back debt securities (such as bonds or redeemable preferred stock/preference shares) on or before their maturity date.
2. Marketing: To exchange the advertised gifts or rewards with the required part of the promoted product (such as specially marked cap, label, or packaging) presented by a consumer.
3. Mortgage: To regain title to a mortgaged property by paying off the full due amount, before or after a foreclosure sale.

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