wadset

1 of 2

transitive verb

wad·​set

ˈwadˌset,

ˈwäd-

Scots law

: mortgage, pledge

wadset

2 of 2

noun

"

plural -s

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

Word History

Etymology

Transitive verb

Scots, alteration of Middle English wedsetten to pledge, from wed entry 1 + setten to set

Noun

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

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