单词
equity of redemption
释义
equity of redemptionnoun[S]LAW,PROPERTYuk
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us
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thelegalrightto own apropertyafter havingpaidamortgageon it,evenif somepaymentshave been late:Where thepaymentson amortgagehave not beenmetand theinstrumenthas not beenforeclosed, the mortgagor still has what isknownas anequityofredemption.(Definition ofequity of redemptionfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofequity of redemption
equity of redemptionHistorically theequityofredemptionwould naturally expire upon the mortgagor breaching the terms of repayment.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Theequityofredemptionis itself recognised as a separate species of property, and can be bought, sold or even itself mortgaged by the holder.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The depositor would retain anequityofredemptionand all the rights which that implies.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This right of the borrower is known as theequityofredemption.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.This right is referred to as theequityofredemption.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.But the question as to whether there is anequityofredemptionor not does not affect the substance of the transaction.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0If it were sold subject to the mortgage there might be no value attached to theequityofredemption.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0In this position the assailant was called an addictus, for he was regularly sold, without even theequityofredemptionbeing allowed to him.FromProject GutenbergBut there is nothing in the shape of anequityofredemptionat all.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0The occupier, for the time being, has hisequityofredemptionwhich, of course, he can pass on as a proprietary interest to others.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/equity-of-redemption##
