Redemption

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Redemption

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

Redemption is the process by which land that has been mortgaged or pledged is bought back or reclaimed. It is accomplished through a payment of the debt owed or a fulfillment of the other conditions.

redemption

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

REDEMPTION, contracts. The act of taking back by the seller from the buyer a thing which had been sold subject to th right of repurchase.
     2. The right of redemption then is an agreement by which the seller reserves to himself the power of taking back the thing sold by returning the price paid for it. As to the fund out of which a mortgaged estate is to be redeemed, see Payment. Vide Equity of redemption.

References in periodicals archive ?
When he is returned to his bedroom, Douglas is redemptively granted a final moment of interactivity, which he uses to restore Christopher's life and love, in the process denouncing his lifelong belief in the expendability of the Happy Ending.
Drawing on Byron's attacks on Wordsworth and Castlereagh (among others) in the 'Dedication' to Don Juan, for example, Barry Milligan suggests an analogy between the image of 'Castlereagh's binding and assimilation of [the] sister shores' of Ireland (as well as the 'vile' oratory with which Byron associates it), and Wordsworth's vision of the transcendent unity of human beings as 'redemptively unifying', arguing that both Wordsworth and Castlereagh 'wield what should be laughably incompetent forms of language all too effectively to ensnare unsuspecting masses' (pp.
It argues that forgiving redemptively in the absence of repentance involves a failure to give the wrongdoer due recognition as a member of the moral community.
50) and that, for Harry Quinn, "locatedness" has far less to do with a sense of place as material geography than a sense of self (developed most redemptively in his relationship with Rae).
The principle of sacramentality reflects Catholicism's core conviction that the infinite, invisible God is present and redemptively active in the finite, visible, human realities of this world, and especially in human persons who embody and practice the goodness and love of God toward one another.
But no, the very next words of the text tell us that Cain "rises up" again, as it were, but this time redemptively: "And Cain knew his wife, and she conceived...." (4:17) Because having children is shown as a mark of God's providence in Genes/s, this prompt Divine response to Cain's determination to seize the opportunity of life is evidently a reward for Cain's penance; God's grace is upon him no less than the mark on his forehead, for all to see.
As an actor, Wilson can do no wrong: A comedic golden child, haloed with uncanny laughter, he has wandered redemptively through many an awful movie.
None was ever reviewed." Elegizing this unsung yet redemptively best-selling, creative soul, Wolfe seems to be vicariously nursing his grudge against meanies who dismiss his own ecriture as merely popular and not serious Art.
As Geoffrey Hartman writes, the Pedlar's "decorum of disclosure" respects the "muteness of things, their opaque and quietist mode of being." At the center of the poem, he notes, is a silent ruin, symbolic of inarticulate suffering, that resists, even as it redemptively elicits, fluency of moral reflection (Fateful Question of Culture 69-70).
But Guillen and Banderas are also seen, redemptively, as stars performing roles like those of other stars, Spanish and American, demanding from their audience a basic if complex love-hate reaction, while they teeter, with the other male characters, 'on the verge [...] of structural fatigue', the old masculinities collapsing around and within them (p.
But he found in Biblical tradition a call to take whatever risks are necessary to live out one's belief and trust that God is redemptively involved in the concrete events of history, yet without the assurance or the claim that God supports the particular cause we might espouse.
Thus, contrary to the great number of critics who read the ending of Milton redemptively,(26) the repetition of an apocalypse--traditionally, an end to time and a "beginning" of eternity--in Milton suggests that the apocalypse with which the text closes, the liminal site between time and eternity, is no more than a production, and re-production of a desire for historical and textual closure that the text of Milton has already foreclosed.