/ (ˈwɒdˌsɛt) Scots law /
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
Words nearby wadset
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
Example sentences from the Web for wadset
The estates of Glengyle were pledged, or, as it is called in Scotland, "under a contract of wadset."Memoirs of the Jacobites of 1715 and 1745|Mrs. Thomson