equity of redemption

20 LETTERS · STARTS WITH E

equity of redemption is a valid 20-letter word worth 38 points in Scrabble and 41 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
E1Q10U1I1T1Y4O1F4R1E1D2E1M3P3T1I1O1N1
1 + 10 + 1 + 1 + 1 + 4 + 0 + 1 + 4 + 0 + 1 + 1 + 2 + 1 + 3 + 3 + 1 + 1 + 1 + 1 =38 PTS
DOUBLE WORD → 76TRIPLE WORD → 114
MEANING

What does equity of redemption mean?

1