equity-redemption
equity of redemption
noun
1.
the right of a mortgagor to redeem the property by paying the debt, even after default in payment of the sum owed.
2.
the interest of an owner of land subject to a mortgage.
Origin:
1705–15
1705–15
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source
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Link To equity-redemption
Collins
World English Dictionary
| equity of redemption | |
| —n | |
| property law See also foreclose the right that a mortgager has in equity to redeem his property on payment of the sum owing, even though the sum is overdue | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Equity-redemption
is always a great word to know.
So is zedonk. Does it mean:
| a gadget; dingus; thingumbob. |
| the offspring of a zebra and a donkey. |
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