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repayment vs redemption

redemption vs repayment

repayment and redemption both are nouns.

Word NounAdjectiveVerbAdverb
repayment Yes No No No
redemption Yes No No No
As nouns, redemption is a hyponym of repayment; that is, redemption is a word with a more specific, narrower meaning than repayment:
  • repayment: payment of a debt or obligation
  • redemption: repayment of the principal amount of a debt or security at or before maturity (as when a corporation repurchases its own stock)
repayment (noun) redemption (noun)
the act of returning money received previously the act of purchasing back something previously sold
payment of a debt or obligation (theology) the act of delivering from sin or saving from evil
repayment of the principal amount of a debt or security at or before maturity (as when a corporation repurchases its own stock)
Difference between repayment and redemption

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