%emption%

n. [ L. coëmptio, fr. coëmere to buy up. See Emption. ] The act of buying the whole quantity of any commodity. [ R. ] Bacon. [ 1913 Webster ]

n. [ L. diremptio. ] A tearing apart; violent separation. [ Obs. ] Bp. Hall. [ 1913 Webster ]

n. [ L. emptio, fr. emere to buy. ] The act of buying. [ R. ] Arbuthnot. [ 1913 Webster ]

a. Capable of being purchased. [ 1913 Webster ]

n. [ L. exemptio a removing: cf. F. exemption exemption. ] The act of exempting; the state of being exempt; freedom from any charge, burden, evil, etc., to which others are subject; immunity; privilege; as, exemption of certain articles from seizure; exemption from military service; exemption from anxiety, suffering, etc. [ 1913 Webster ]

n. [ L. peremptio: cf. F. péremption. ] (Law) A quashing; a defeating. [ Obs. ] [ 1913 Webster ]

n. [ Pref. pre- + emption: cf. F. préemption. See Redeem. ] The act or right of preemption. Specifically: (a) The act or right of purchasing before others. (b) The privilege or prerogative formerly enjoyed by the king of buying provisions for his household in preference to others. [ Eng. ] (c) The right of an actual settler upon public lands (particularly those of the United States) to purchase a certain portion at a fixed price in preference to all other applicants. Abbott. [ 1913 Webster ]

n. One who holds a prior right to purchase certain public land. Abbott. [ 1913 Webster ]

n. [ F. rédemption, L. redemptio. See redeem, and cf. ransom. ] 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 reentering 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. [ 1913 Webster ]

In whom we have redemption through his blood. Eph. i. 7. [ 1913 Webster ]

n. One who is, or may be, redeemed. [ R. ] Hakluyt. [ 1913 Webster ]

n. 1. One who redeems himself, as from debt or servitude. [ 1913 Webster ]

2. Formerly, one who, wishing to emigrate from Europe to America, sold his services for a stipulated time to pay the expenses of his passage. [ 1913 Webster ]