redeem vs pay off

redeem and pay off both are verbs.

Word	Noun	Adjective	Verb	Adverb
redeem	No	No	Yes	No
pay off	No	No	Yes	No

As verbs, redeem and pay off are synonyms defined as:

redeem (verb)	pay off (verb)
convert into cash; of commercial papers	take vengeance on or get even
pay off (loans or promissory notes)	eliminate by paying off (debts)
exchange or buy back for money; under threat	pay someone with influence in order to receive a favor
to turn in (vouchers or coupons) and receive something in exchange	yield a profit or result
restore the honor or worth of	pay off (loans or promissory notes)
save from sins	do or give something to somebody in return