The difference between Redeem and Repurchase

When used as verbs, redeem means to recover ownership of something by buying it back, whereas repurchase means to buy back or again.

Repurchase is also noun with the meaning: the act of repurchasing.

check bellow for the other definitions of Redeem and Repurchase

Redeem as a verb (transitive):

To recover ownership of something by buying it back.
Redeem as a verb (transitive):

To liberate by payment of a ransom.
Redeem as a verb (transitive):

To set free by force.
Redeem as a verb (transitive):

To save, rescue
Redeem as a verb (transitive):

To clear, release from debt or blame
Redeem as a verb (transitive):

To expiate, atone (for ...)
Redeem as a verb (finance, transitive):

To convert (some bond or security) into cash
Redeem as a verb (transitive):

To save from a state of sin (and from its consequences).
Redeem as a verb (transitive):

To repair, restore
Redeem as a verb (transitive):

To reform, change (for the better)
Redeem as a verb (transitive):

To restore the honour, worth, or reputation of oneself or something.
Redeem as a verb (archaic, transitive):

To reclaim