Last Updated:2025/11/29
(law) 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.
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equity of redemption
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Source Word
equity of redemption
Noun
uncountable
Japanese Meaning
法的に、抵当権が行使され、一定または合理的な期間内に、担保権者(借主)が不動産を再取得できる有利な権利。つまり、抵当権が実行される前に、債務不履行による法的没収に対抗して、設定された一定期間内に元の状態に戻す権利。