right of redemption — right of redemption: the right to regain ownership of property by freeing it from a debt, charge, or lien (as by paying to the creditor what is due to release the secured property); specif: a mortgagor s statutory right to redeem after a judicial … Law dictionary
right of redemption — the legal right to regain ownership of property that one has formerly enjoyed by freeing it from a debt, charge, or lien, (as by paying to the creditor what is due to release the secured property) compare equity of redemption … Useful english dictionary
right of redemption — See equity of redemption; redemption … Ballentine's law dictionary
right of redemption — The right to recover property that has been attached by paying off the debt . Bloomberg Financial Dictionary … Financial and business terms
redemption — re·demp·tion /ri demp shən/ n: the act, process, or fact of redeeming see also equity of redemption, right of redemption re·demp·tive / demp tiv/ adj Merriam Webster’s Dicti … Law dictionary
right — / rīt/ n [Old English riht, from riht righteous] 1 a: qualities (as adherence to duty or obedience to lawful authority) that together constitute the ideal of moral propriety or merit moral approval b: something that is morally just able to… … Law dictionary
Redemption in the Old Testament — • Strictly deliverance by payment of a price or ransom, or simply deliverance by power, as from oppression, violence, or captivity Catholic Encyclopedia. Kevin Knight. 2006. Redemption in the Old Testament Redemp … Catholic encyclopedia
sale with right of redemption — A sale in which vendor reserves right to take back property by returning price paid. See also sale on approval sale or return, above … Black's law dictionary
legal right of redemption — The right of a mortgagor, in a jurisdiction where a mortgage has the effect of vesting title in the mortgagee, to pay the mortgage debt and thus avoid the effect of the mortgage as a transfer of title. Stevens v Turlington, 186 NC 191, 119 SE 210 … Ballentine's law dictionary
redemption — The realization of a right to have the title of property restored free and clear of the mortgage; performance of the mortgage obligation being essential for that purpose. The right of a debtor, and sometimes of a debtor s other creditors, to… … Black's law dictionary
