REDEMPTION
\ɹɪdˈɛmpʃən], \ɹɪdˈɛmpʃən], \ɹ_ɪ_d_ˈɛ_m_p_ʃ_ə_n]\
Definitions of REDEMPTION
- 2011 - English Dictionary Database
- 2010 - Legal Glossary Database
- 1919 - The Winston Simplified Dictionary
- 1899 - The american dictionary of the english language.
- 1894 - The Clarendon dictionary
- 1919 - The Concise Standard Dictionary of the English Language
- 1871 - The Cabinet Dictionary of the English Language
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purchasing back something previously sold
By DataStellar Co., Ltd
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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.
By Oddity Software
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The act of freeing or buying back; state of being freed or bought back; ransom; salvation of mankind by Jesus Christ.
By William Dodge Lewis, Edgar Arthur Singer
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Act of redeeming or buying back: ransom: release: the deliverance of mankind from sin and misery by Christ.
By Daniel Lyons
By William Hand Browne, Samuel Stehman Haldeman
By James Champlin Fernald
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n. [Latin] Act of buying back or delivering by payment of an equivalent; repurchase; — ransom; release; —the liberation of an estate from a mortgage; also, the right of redeeming and re-entering upon an estate mortgaged;-—the deliverance of sinners from the bondage of sin and the penalties of God's violated law-; the atonement.
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