(n.) The liberation of an estate from a mortgage, or the taking back of property mortgaged, upon performance of the terms or conditions on which it was conveyed; also, the right of redeeming and reentering upon an estate mortgaged. See Equity of redemption, under Equity.
RE-DEMPTION
Meaning of RE-DEMPTION in English
Webster's English dictionary. Английский словарь Webster. 2012