REDEMPTION Redemption generally means the act of regaining possession of something, clearing a debt, or making amends for a fault. What is Redemption? Redemption is the act of being set free or released from bondage. Biblically, it means we are liberated from the penalty and power of sin, spiritual death, and guilt. Ephesians 1:7 In him, we have redemption through his blood, the forgiveness of our trespasses, according to the riches of his grace. Also 1 Peter 1:18-19 Galatians 3:13