equity of redemption

noun

Definitions

  1. The advantage, allowed to a mortgager, of a certain or reasonable time to redeem lands…

    The advantage, allowed to a mortgager, of a certain or reasonable time to redeem lands mortgaged, after they have been forfeited at law by the non-payment of the sum of money due on the mortgage at the appointed time.

The neighborhood

Vish — recursive loop

No curated loop yet for equity of redemption. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA