Word Pronunciation & Dictionary

equity of redemption

Word Rarity Rare

Frequency: Zipf frequency 3.70 in modern English

Syllables: eq-ui-ty of re-demp-tion
IPA

38

Scrabble Score

18

Letters

5

Syllables

13

Unique Chars

Meaning

noun

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.

Uncountable

Example Sentences

"This reasonable advantage, allowed to mortgagors, is called the equity of redemption : and this enables a mortgagor to call on the mortgagee , who has possession of his estate , to deliver it back and account for the rents and profits received"

Usage

Uncountable

Questions

What does equity of redemption mean?: 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.

How to pronounce equity of redemption

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