wadset

/ (ˈwɒdˌsɛt) Scots law /

noun

another name for mortgage

verb -sets, -setting or -setted

(tr) to pledge or mortgage

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Word Origin for wadset

C14: wad, a Scottish variant of wed + set 1; compare Old English wedd settan to deposit a pledge
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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