redemption /(rē̇*dĕmp"shŭn)/
re·demp·tion
redemption
n.
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The act of redeeming, or the state of being redeemed; repurchase; ransom; release; rescue; deliverance; as, the redemption of prisoners taken in war; the redemption of a ship and cargo. (Law)
In whom we have redemption through his blood.