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English definition of “redeem”

redeem

verb (EXCHANGE)    /rɪˈdiːm/
redeem a coupon, voucher, etc. to exchange a piece of paper representing a particular amount of money for that amount of money or for goods to this value Replacing and exchanging
(Definition of redeem verb (EXCHANGE) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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