American Dictionary
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to improve something that is not very good by including something that is good
A difficult year for the company was redeemed by one very successful deal.
Smith's only redeeming feature is that he knows his job.
to get money by selling stock that you own in a company
to use a coupon (=a piece of paper worth a particular amount) to pay for something
to get an object again by paying someone the money that they paid you for it, especially when the money was a type of loan
She couldn't afford to redeem her wedding ring from the pawnbroker.
to give all the money that you have borrowed to the person who you borrowed it from
They will redeem their debts over a period of years.
to make someone free from the power of evil, especially in the Christian religion