Redeem: meaning, definitions and examples

Use when referring to making up for a mistake or bad action, or when exchanging something (like points or coupons) for a reward.

• He worked hard to redeem himself after his previous failures
• She redeemed her points for a free coffee

Use when referring to making up for a loss or providing a benefit to balance disadvantages. Often used in legal or employment contexts.

• The company will compensate employees for the overtime work
• He received money to compensate for the injury

Use when returning money that has been borrowed, or metaphorically for returning a favor.

• She plans to repay the loan within five years
• He wanted to repay her kindness with a small gift

Use to describe actions that counterbalance or neutralize the effect of something, usually in financial or environmental contexts.

• The company planted trees to offset its carbon emissions
• The gains offset the losses in his investment portfolio

Use when trading one thing for another, often between two parties, like swapping items or currencies.

• They exchanged gifts during the holidays
• He exchanged dollars for yen at the airport

Use when transforming something from one form to another, like changing currency or formatting a file.

• She converted her savings to euros before traveling
• The software converted the file to a PDF

Duplicate entry, already described in the first item.

General term used for a fixed income instrument representing a loan made by an investor to a borrower, typically corporate or governmental. It is a broad term used in finance.

• Investors often choose bonds for stable and predictable returns.

A broad financial term that encompasses various investment instruments like stocks, bonds, options, etc. Often used to refer to an asset that can be traded.

• The company’s security prices rose sharply after the earnings report.

A type of government bond issued by the U.S. Department of the Treasury with a long-term maturity, usually 10 years or more. Known for being low-risk.

• Treasury bonds are a popular choice for those seeking long-term stable returns.

Specifically refers to a bond issued by the government to support government spending and obligations. Typically seen as a low-risk investment.

• Government bonds are often considered a safe investment.