/ˌsɜːtɪfɪkət əv rɪˈdɛmpʃən/ – Phrase
Definition: Chứng chỉ chuộc lại.
A more thorough explanation: 1. (UK) also:mortgage redemtion certificate a certificate a property owner gets to prove that the mortgage on the property has been paid off
2. (US) an official document confirming that you have paid all outstanding property taxes and fines associated with a property that has been subjected to foreclosure (=the process of forcing the sale of property because the owner is not able to pay back debts relating to that property). A certificate of redemption allows the former owner to regain ownership of the property after foreclosure but before an auction sale (=the sale of an asset such as a piece of real property or a business to the highest bidder).
Example: 1. The certificate of redemption is often necessary when a property is being sold.
2. The Sheriff’s Office will issue a Certificate of Redemption upon receipt of the full amount of the redemption payment.