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 Dictionary of Law. . 1996.

redemption
I noun deliverance, indemnification, reclamation, recovery, release, reparation, replevin, repossession, repurchase, rescue, restoration, retrieval, return, salvation associated concepts: right of redemption II index discharge (payment), freedom, indemnification, indemnity, liberation, progress, ransom, recovery (repossession), rehabilitation, replevin, restitution, salvage

Burton's Legal Thesaurus. . 2006


redemption
n.
The act of redeeming; regaining possession of something by buying it back.
v.
redeem

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


redemption
1) In Chapter 7 bankruptcy, when the debtor obtains legal title to collateral for a debt by paying the creditor the replacement value of the collateral in a lump sum. For example, a debtor may redeem a car note by paying the lender the amount a retail vendor would charge for the car, considering its age and condition.
2) In foreclosure, the homeowner's right (usually granted by state statute), for a certain period of time, to redeem the mortgage and keep the house by refinancing and paying off the original mortgage.
Category: Bankruptcy, Foreclosure & Debt → Bankruptcy
Category: Bankruptcy, Foreclosure & Debt → Foreclosure

Nolo’s Plain-English Law Dictionary. . 2009.

redemption
USA
In a debt transaction, the repayment by a company of the principal amount of an outstanding debt before its maturity date. In an equity transaction, the return by a company of a stockholder's principal investment by buying back all or a portion of the equity securities held by such stockholder.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


redemption
n. A reclaiming or rebuying something by virtue of paying off a debt or settling some other predetermined condition of ownership; a buying back of its outstanding stock by a corporate entity; the right of a debtor to buy back property from someone who bought it at a creditor-initiated forced sale.

Webster's New World Law Dictionary. . 2000.


redemption
The liberation of an estate in real property from a mortgage.

Dictionary from West's Encyclopedia of American Law. 2005.


redemption
The liberation of an estate in real property from a mortgage.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

redemption
n.
   the act of redeeming, buying back property by paying off a loan, interest and any costs of foreclosure.
   See also: redeem

Law dictionary. . 2013.

Synonyms:

Look at other dictionaries:

  • REDEMPTION — REDEMPTION, salvation from the states or circumstances that destroy the value of human existence or human existence itself. The word redeemer and its related terms redeem and redemption appear in the Bible some 130 times and are derived from two… …   Encyclopedia of Judaism

  • Redemption — • The restoration of man from the bondage of sin to the liberty of the children of God through the satisfactions and merits of Christ Catholic Encyclopedia. Kevin Knight. 2006. Redemption     Redemption …   Catholic encyclopedia

  • rédemption — [ redɑ̃psjɔ̃ ] n. f. • 980; lat. ecclés. redemptio, de redimere « racheter » → rançon 1 ♦ Relig. chrét. Rachat du genre humain par le Christ, rédempteur des hommes. ⇒ rachat, salut. Le mystère de la Rédemption. Cour. Action, fait de racheter qqn …   Encyclopédie Universelle

  • Redemption — may refer to:In economics:* Redemption value, price of a security before its maturity dateIn religion: * Redemption, a concept referring to forgiveness or absolution for past sins and/or protection from damnation * In Judaism, Pidyon HaBen –… …   Wikipedia

  • Redemption — Rédemption (homonymie) Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Sommaire 1 Religion 2 Cinéma 3 …   Wikipédia en Français

  • Redemption — (engl.) oder Rédemption (franz.), zu deutsch „Erlösung“ ist Titel bzw. Titelbestandteil: des Poème Symhonique „Rédemption“ des französischen Komponisten César Franck eines Reggae Songs von Bob Marley the Wailers, siehe Redemption Song eines… …   Deutsch Wikipedia

  • redemption — Redemption. s. f. v. Rachat. Ce terme est consacré, pour signifier, Le rachat du genre humain par Nostre Seigneur Jesus Christ. Dieu a envoyé icy bas son fils pour la redemption des hommes, pour nostre redemption. le Fils de Dieu a operé nostre… …   Dictionnaire de l'Académie française

  • redemption — Buying back. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • redemption — (n.) mid 14c., deliverance from sin, from L. redemptionem (nom. redemptio) a buying back, releasing, ransoming, noun of action from pp. stem of redimere to redeem, buy back, from re back (see RE (Cf. re )) + emere to take, buy, gain, procure (see …   Etymology dictionary

  • redemption — Redemption, Redemptio, aidez vous de Racheter, et Rençon …   Thresor de la langue françoyse

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”