IPA: /ˈfriːdˌwʊmən/
KK: /fridˌwʊmən/
A woman who has been released from slavery and is no longer owned by someone else.
After years of hard work, she became a freedwoman and started a new life.
Freedwoman is formed from "freed" (the past participle of "free", meaning not in captivity or under physical restraint) and "woman" (from Old English "wīfman", meaning female human). The term refers to a woman who has been liberated from slavery or bondage.
Think of a woman who is 'not in captivity' ('freed') — that's why a freedwoman is a woman who has been set free.