Meaning of Redemption

What is Redemption:

What redemption is called the action and effect of redeeming. In this sense, it can refer to the liberation of people from some condition (slavery, prison), of a situation (a humiliation, a pain, a punishment), or an obligation or commitment (a debt, a mortgage).

Likewise, redemption can mean releasing pledged or mortgaged assets or titles, or buying again what had been sold.

In theology, Redemption refers to what, according to Christian doctrine, Christ did through his passion and death, to redeem humanity from its sins. In the context of religious speeches, it is advisable to write this concept with an initial capital letter.

The word, as such, comes from the Latin redeemed, redemptionis.

redemption in the bible

The Redemption it’s a concept of Christian doctrine that refers to the sacrifice made by Jesus Christ to, with his passion and death, save humanity and open the doors of the Kingdom of Heaven, which had been closed by the sin of Adam’s disobedience. In this sense, Jesus Christ, who died on the cross, is considered the redeemer of men. Redemption, thus understood, is the forgiveness of sins, and implies reconciliation with God for those who attain eternal life. The Bible says about it:[En Cristo] we have redemption through his blood, the forgiveness of our sins” (Ephesians I: 7).

Redemption of liabilities

In Mexicois called liability redemption credit the one that is requested FOVISSSTE (Housing Fund of the Institute of Security and Social Services of State Workers) to settle the totality of a debt that was acquired with a bank or financial institution due to the purchase or mortgage of real estate. As such, it is a loan that is requested to settle another loan, with the advantage, among others, that the FOVISSSTE credit charges lower interest.

redemption of penalties

What redemption of penaltiesin some legislations, it is known the sentence reduction which a person in prison can access by practicing various activities or fulfilling certain tasks. As such, redemption of sentence can be achieved for work, for good behavior, for being linked to certain activities within the prison, such as artistic, sports, study, recreation, teaching, etc.

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Finance Redemption

In the field of finance, redemption is a concept that can refer to the liquidation of a debt, the full payment of a mortgage, the ransom paid for a pledged asset, or the purchase of something that had previously been sold.