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TeachMeFinance.com - explain Redemption Program Redemption Program -- Program in which consumers are monetarily compensated for the collection of recyclable materials, generally through prepaid deposits or taxes on beverage containers. In some states or localities legislation has enacted redemption programs to help prevent roadside litter. (See: bottle bill.) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.