WADSET


Meaning of WADSET in English

I. ˈwadˌset, ˈwäd- transitive verb

Etymology: Scots, alteration of Middle English wedsetten to pledge, from wed (I) + setten to set

Scots law : mortgage , pledge

II. noun

( -s )

Etymology: Scots, alteration of Middle English wedset mortgage, from wedsetten to pledge

Scots law : mortgage , pledge , pawn ; especially : a mortgage of real estate given by a borrower to a lender formerly transferring possession only but later the legal title

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.