Legal Definition and Related Resources of Redemption
Meaning of Redemption
The process of cancelling and annulling a defeasible title , such as is created by a mortgage or tax sale, by paying debt or fulfilling the condition . The process of redeeming: See equity of redemption .
Redemption Alternative Definition
(Lat. re, red, back, emptio, a purchase). A purchase back by the seller from the buyer. It is applied to denote the performance of the conditions upon performance of which a conditional sale is to become ineffective as a transfer of title, or, more strictly, a right to demand a reconveyance becomes vested in the seller. In the case of mortgages, this right is a legal right until a breach of conditions, when it becomes an equitable right, and is called the “equity of redemption.” The term is applied to the statutory right of one whose property is sold at various forced sales other than mortgage foreclosure (e. g., for taxes) to buy the same back within a fixed time, ordinarily for the price paid by the purchaser, with interest and costs.
Synonyms of Redemption
noun
- deliverance
- indemnification
- reclamation
- recovery
- release
- reparation
- replevin
- repossession
- repurchase
- rescue
- restoration
- retrieval
- return
- salvation Associated Concepts: right of redemption
Related Entries of Redemption in the Encyclopedia of Law Project
Browse or run a search for Redemption in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Redemption in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Redemption in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Redemption in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
Clandestine, Clandestine Mortgages:, Clog On Equity Of Redemption, Equity Of Redemption, Foreclosure, Hereditament, Mortgage, Proviso For Redemption, Ransom, Redeem, Redeemable.
Browse
You might be interested in these references tools:
| Resource | Description |
|---|---|
| Redemption in the Dictionary | Redemption in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Redemption |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Redemption in the World Encyclopedia of Law |
Notice
This definition of Redemption is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
Vocabularies (Semantic Web Information)
| Resource | Description |
|---|---|
| Topic Map | A group of names, occurrences and associations |
| Topic Tree | A topic display format, showing the hierarchy |
| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/redemption/ | The URI of Redemption (more about URIs) |
Concept of Redemption in the context of Real Property
A short definition of Redemption: The process of canceling a defeasible title to land, such as is created by a mortgage foreclosure or tax sale.
Concept of Redemption in the context of Real Property
A short definition of Redemption: The process of canceling a defeasible title to land, such as is created by a mortgage foreclosure or tax sale.
Redemption
Hierarchical Display of Redemption
Finance > Financial institutions and credit > Credit > Borrowing
Meaning of Redemption
Overview and more information about Redemption
For a more comprehensive understanding of Redemption, see in the general part of the online platform.[rtbs name=”xxx-xxx”]
Resources
Translation of Redemption
- Spanish: Reembolso
- French: Remboursement
- German: Rückzahlung
- Italian: Rimborso
- Portuguese: Reembolso
- Polish: Spłata
Thesaurus of Redemption
Finance > Financial institutions and credit > Credit > Borrowing > Redemption
See also
- Drafting of EU law
- Proposal (EU)
- Consultation procedure
- Intergovernmental conference (EU)
- Legislative programme (EU)
- Conciliation procedure
- Cooperation procedure
- Legal basis
- Ordinary legislative procedure
- Special legislative procedure
- Codecision procedure
- Institutional activity
- Appointment of members
- EU body
- EU institution
- Member of the Court of Justice (EU)
- Member of the European Parliament
- Member of the European Central Bank
- Member of the Court of Auditors (EU)
- EU office or agency
- Appointment of staff
- Transparency in decision-making
- Powers of the institutions (EU)
- Interinstitutional relations (EU)
- Administration of the Institutions
Leave a Reply