What context can I use each word in?
Learn when and how to use these words with these examples!
buyback
Example
The company announced a buyback program to repurchase shares from its investors. [buyback: noun]
Example
The bookstore offers a buyback option for used textbooks. [buyback: adjective]
redemption
Example
She redeemed her coupon for a free coffee at the cafe. [redeemed: verb]
Example
The hero's redemption came when he sacrificed himself to save others. [redemption: noun]
Good things to know
Which word is more common?
Buyback is more commonly used in business and financial contexts, particularly in relation to stocks and investments. Redemption, on the other hand, has a broader usage and can be applied to various financial transactions or personal growth situations.
What’s the difference in the tone of formality between buyback and redemption?
While buyback is typically associated with a formal and business-oriented tone, redemption can be used in both formal and informal contexts, depending on the specific situation.