This month we will take a look at the word "redeemed."
Webster's 1828 dictionary defines it as: Ransomed; delivered from bondage, distress, penalty, liability, or from the possession of another, by paying an equivalent.
In the Old Testament: Strong's definition is פָּדָה pâdâh, paw-daw'; a primitive root; to sever, i.e. ransom; generally to release, preserve:—× at all, deliver, × by any means, ransom, (that are to be, let be) redeem(-ed), rescue, × surely.
This word is translated as follows: redeem (48x), deliver (5x), ransom (2x), rescued (1x), miscellaneous (3x).
In the New Testament, three different words are used:
1)Strong's definition is λύτρωσις lýtrōsis, loo'-tro-sis; from G3084; a ransoming (figuratively):—+redeemed, redemption.
This word is translated as follows: redemption (2x), redeem (with G4160) (1x).
2) ἐξαγοράζω exagorázō, ex-ag-or-ad'-zo; from G1537 and G59; to buy up, i.e. ransom; figuratively, to rescue from loss (improve opportunity):—redeem.
This word is translated as follows: redeem (4x).
3) λυτρόω lytróō, loo-tro'-o; from G3083; to ransom (literally or figuratively):—redeem.
This word is translated as follows: redeem (3x).
So we have been redeemed, delivered, ransomed, rescued. Praise Him!
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