Last updated on February 25, 2021 by

Redeem 504 Absolutely Essential Words Lesson 36

Redeem 504 Absolutely Essential Words Lesson 36

/rɪˈdiːm/ (verb)

to trade in or exchange, buy something back, convert, cash in – compensate for, restore, make amends for, redress, make up for, save – set free, exempt, release, liberate, rescue, emancipate

Redeeming your mortgage
You may want to pay off your mortgage before the end of your term to sell your property or remortgage to a better deal elsewhere. Or you may have some money available and simply want to be mortgage free sooner.

Paying off your loan early in this way is called ‘redeeming’ your mortgage.


Antonyms: keep, arrest

Noun: redemption

Adjective: redemptive

Adjective: redeemable

About Dr. Mohammad Hossein Hariri Asl

Dr. Mohammad Hossein Hariri Asl is an English and Persian instructor, researcher, inventor, author, blogger, SEO expert, website developer, and the creator of LELB Society. He's got a PhD in TEFL (Teaching English as a Foreign Language). Study our guest posting guidelines for authors.

Leave a Comment

Glad to see you're commenting. We'll answer your comments or questions immediately. Please note that all comments are reviewed. So, do NOT share links or use unreal names. We won't publish your Email address.

9 + 17 =