n. The release of a captive, or of captured property, by payment of a consideration; redemption.n. The money or price paid for the redemption of a prisoner, or for goods captured by an enemy; payment for freedom from restraint, penalty, or forfeit.n. A sum paid for the pardon of some great offense and the discharge of the offender; also, a fine paid in lieu of corporal punishment.v. To redeem from captivity, servitude, punishment, or forfeit, by paying a price; to buy out of servitude or penalty; to rescue; to deliver.v. To exact a ransom for, or a payment on.