redemption

What it means

1. countableuncountableThe act of redeeming or something redeemed.
2. countableuncountableThe recovery, for a fee, of a pawned article.
3. countableuncountablebusinessThe conversion (of a security) into cash.

   When money comes in, stablecoin operators can exercise how and when to buy reserves. When they face redemptions, they have to act faster.

   2025 June 7, Katie Martin, “Why we should worry about the rise of stablecoins”, in FT Weekend (The Long View section), London: The Financial Times Ltd., →ISSN, →OCLC, page 18

In a sentence

When money comes in, stablecoin operators can exercise how and when to buy reserves. When they face redemptions, they have to act faster.

2025 June 7, Katie Martin, “Why we should worry about the rise of stablecoins”, in FT Weekend (The Long View section), London: The Financial Times Ltd., →ISSN, →OCLC, page 18

Where it comes from

1. Latinredemptio
2. Old Frenchredemption
3. Middle Englishredempcioun
4. Englishredemption

From Middle English redempcioun, from Old French redemption, from Latin redemptio. Doublet of ransom. Displaced native Old English ālīesung, ālīesnes.