The novel follows Anne Elliot, a young Englishwoman of 27 years, whose family is moving to lower their expenses and get out of debt. They rent their home to an Admiral and his wife. The wife's brother, Navy Captain Frederick Wentworth, had been engaged to Anne in 1806, and now they meet again, both single and unattached, after no contact in more than seven years. This sets the scene for many humorous encounters as well as a second, well-considered chance at love and marriage for Anne in her second bloom.

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