right of redemption
right of redemption. 1. EQUITY OF REDEMPTION. 2. STATUTORY RIGHT OF REDEMPTION.
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RIGHT OF REDEMPTION
right of redemption
right of redemption 回赎权 指免除财产的负担的权利，或使财产免于被请求偿债或被留置的权利，尤指由制定法授予的买回处于回赎权消灭〔foreclosure〕或其他司法拍卖〔judicial sale〕状态中财产的权利，通过支付相应的成本和利息等回赎此前转让的财产所有权。它与衡平法的抵押物回赎权〔equity of redemption〕不可混淆，后者独立于制定法而必须在抵押财产被出售或拍卖前赎回。(→redemption; equity of redemption)
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