emption
(ˈɛmpʃən)
[ad. L. emptiōn-em buying, n. of action f. emĕ-re to buy.]
1. The action of buying: chiefly in phrases, right of (sole) emption, etc., or with allusion to 2.
1461–83 Ord. R. Househ. 73 The chief Butler..taketh his resceytes of money..of the Thesaurer..for all the emptiones of his office. 1736 Carte Ormonde I. 140 The proclamation for the sole emption..was offered to be revoked. 1783 Burke Rep. Aff. India Wks. 1842 XI. 143 By a limitation of the right of emption of foreign opium. |
2. Roman Law. Purchase, in the contract of sale (L. emptio, as correlated with venditio).
c 1555 Harpsfield Divorce Hen. VIII, (1878) 241 There is emption and vendition contracted as soon as the parties be condescended upon the price. 1727 Arbuthnot Coins (T.), There is a dispute among the lawyers, Whether Glaucus exchanging his golden armour with the brasen one of Tydides was emption or commutation. |