Category:Re-demption

Re-demp"tion (-shn), n. Etym: [f. rédemption, l. redemptio. See Redeem, and cf. Ransom.]

Defn: the act of redeeming, or the state of being redeemed; Repurchase; ransom; release; rescue; deliverance; as, the redemption Of prisoners taken in war; the redemption of a ship and cargo. Specifically: (a) (law) 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 Reëntering upon an estate mortgaged. See equity of redemption, under Equity. (b) (com.) Performance of the obligation stated in a note, bill, Bond, or other evidence of debt, by making payment to the holder. (c) (theol.) The procuring of god's favor by the sufferings and death Of christ; the ransom or deliverance of sinners from the bondage of Sin and the penalties of god's violated law. In whom we have redemption through his blood. Eph. i. 7.