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wadset

British  
/ ˈwɒdˌsɛt /

noun

  1. another name for mortgage

"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

verb

  1. (tr) to pledge or mortgage

"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

Etymology

Origin of wadset

C14: wad, a Scottish variant of wed + set 1 ; compare Old English wedd settan to deposit a pledge

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

For her patrimony, the Earl wadset to Halcro lands, in Widewall, Ronaldsvoe, and in South Ronaldshay, which lands were afterwards redeemed by Patrick Stewart, the Earl’s eldest son, 1598.

From Life of Mary Queen of Scots, Volume II (of 2) by Henry Glassford Bell

In 1637 the two Mackenzies, in virtue of these claims and the titles founded upon them, gave a wadset of the lands of Assynt to Kenneth Mackenzie of Scatwell in security for forty thousand merks.

From History of the Mackenzies, with genealogies of the principal families of the name by Alexander Mackenzie

One decision which excited his warm indignation was given in a suit by Lord Abbotshall against Francis Kinloch, who held a wadset over the estate of Gilmerton, which Abbotshall maintained was redeemable.

From Publications of the Scottish History Society, Volume 36 Journals of Sir John Lauder Lord Fountainhall with His Observations on Public Affairs and Other Memoranda 1665-1676 by Lord John Lauder Fountainhall

It was at this time that Rob Roy acquired an interest by purchase, wadset, or otherwise, to the property of Craig Royston already mentioned.

From Rob Roy — Volume 01 by Sir Walter Scott

He acquired Brea in Ferintosh, in wadset and it remained in his family for two generations.

From History of the Mackenzies, with genealogies of the principal families of the name by Alexander Mackenzie

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