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单词 wadset
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wadset


wadset

(ˈwɒdˌsɛt) Scots lawn (Law) another name for mortgagevb, -sets, -setting or -setted (Law) (tr) to pledge or mortgage[C14: wad, a Scottish variant of wed + set1; compare Old English wedd settan to deposit a pledge]

wadset


Past participle: wadsetted
Gerund: wadsetting
Imperative
wadset
wadset
Present
I wadset
you wadset
he/she/it wadsets
we wadset
you wadset
they wadset
Preterite
I wadsetted
you wadsetted
he/she/it wadsetted
we wadsetted
you wadsetted
they wadsetted
Present Continuous
I am wadsetting
you are wadsetting
he/she/it is wadsetting
we are wadsetting
you are wadsetting
they are wadsetting
Present Perfect
I have wadsetted
you have wadsetted
he/she/it has wadsetted
we have wadsetted
you have wadsetted
they have wadsetted
Past Continuous
I was wadsetting
you were wadsetting
he/she/it was wadsetting
we were wadsetting
you were wadsetting
they were wadsetting
Past Perfect
I had wadsetted
you had wadsetted
he/she/it had wadsetted
we had wadsetted
you had wadsetted
they had wadsetted
Future
I will wadset
you will wadset
he/she/it will wadset
we will wadset
you will wadset
they will wadset
Future Perfect
I will have wadsetted
you will have wadsetted
he/she/it will have wadsetted
we will have wadsetted
you will have wadsetted
they will have wadsetted
Future Continuous
I will be wadsetting
you will be wadsetting
he/she/it will be wadsetting
we will be wadsetting
you will be wadsetting
they will be wadsetting
Present Perfect Continuous
I have been wadsetting
you have been wadsetting
he/she/it has been wadsetting
we have been wadsetting
you have been wadsetting
they have been wadsetting
Future Perfect Continuous
I will have been wadsetting
you will have been wadsetting
he/she/it will have been wadsetting
we will have been wadsetting
you will have been wadsetting
they will have been wadsetting
Past Perfect Continuous
I had been wadsetting
you had been wadsetting
he/she/it had been wadsetting
we had been wadsetting
you had been wadsetting
they had been wadsetting
Conditional
I would wadset
you would wadset
he/she/it would wadset
we would wadset
you would wadset
they would wadset
Past Conditional
I would have wadsetted
you would have wadsetted
he/she/it would have wadsetted
we would have wadsetted
you would have wadsetted
they would have wadsetted

Wadset


Wadset

In Scotland, the ancient term for a mortgage. A right by which lands or other property are pledged by their owner to a creditor in security for a debt, usually in the form of a mutual contract, in which one party sells the land and the other grants the right of reversion.

WADSET, Scotch law. A right, by which lands, or other heritable subjects, are impignorated by the proprietor to his creditor in security of his debt; and, like other heritable rights, is perfected by seisin.
2. Wadsets, by the present practice, are commonly made out in the form of mutual contracts, in which one party sells the land, and the other grants, the right of reversion. Ersk. Pr. L. Scot., B. 2, t. 8, s. 1, 2.
3. Wadsets are proper or improper. Proper, where the use of the land shall go for the use of the money. Improper, where the reverser agrees to make up the deficiency; and where it amounts to more, the surplus profit of the land is applied to the extinction of the principal. Id. B. 2, t. 8, s. 12, 13.

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更新时间:2025/2/27 11:25:20