Law Dictionary Definitions

redemption,n.1. The act or an instance of reclaiming or regaining possession by paying a specific price. [Cases: Secured Transactions 241.C.J.S. Secured Transactions § 184.] 2.Bankruptcy. A debtor’s right to repurchase property from a buyer who obtained the property at a forced sale initiated by a creditor. [Cases: Bankruptcy 3034. C.J.S. Bankruptcy §§ 111–112.] 3.Securities. The…

redemise,n. An act or instance of conveying or transferring back (an estate) already demised. See DEMISE. — redemise,vb. [Blacks Law 8th]

redelivery bond.See replevin bond under BOND(2). [Blacks Law 8th]

redelivery. An act or instance of giving back or returning something; restitution. [Blacks Law 8th]

redeemable stock.See STOCK. [Blacks Law 8th]

redeemable security.See SECURITY. [Blacks Law 8th]

redeemable ground rent.See ground rent (1) under RENT(1). [Blacks Law 8th]

redeemable bond.See BOND(3). [Blacks Law 8th]

redditus. See REDITUS. [Blacks Law 8th]

reddition (ri-dish-<<schwa>>n).Hist. An acknowledgment in court that one is not the owner of certain property being demanded, and that it in fact belongs to the demandant. [Blacks Law 8th]