redemption
🇺🇸
/rɪˈdempʃn/
🇬🇧
/rɪˈdempʃn/
The act of making something bad better or the state of being saved from bad conditions.
She saw her volunteer work as a path to redemption for her past mistakes.
The process of turning something like shares or bonds into money.
He's planning the redemption of his bonds next year.