REVERSIONARY Meaning and
Definition
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Reversionary refers to the quality or characteristic of something that pertains to reversion, particularly in a legal or property context. In this sense, it is used to describe an interest, right, or ownership that is expected to revert back to the original owner after a specified event or condition is met.
In legal and property terms, a reversionary interest typically arises from the grant or transfer of property with the provision that ownership will be returned to the grantor or their heirs upon the expiration of a certain period or the occurrence of a specific event. This concept is often seen in leases, where the ownership of the property reverts back to the landlord at the end of the lease term.
The reversionary interest can also arise in the context of wills and estates, where specific assets or properties are bequeathed to beneficiaries with the condition that they will revert back to the original owner or their designated successors upon the death of the recipient or fulfillment of certain terms.
Overall, reversionary refers to the aspect of property or rights reverting back to their original owner or heirs after a specified condition or event, and it is a crucial concept in legal and property matters.
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That may be enjoyed in succession.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for REVERSIONARY
- eeversionary
- deversionary
- feversionary
- teversionary
- 5eversionary
- 4eversionary
- rwversionary
- rsversionary
- rdversionary
- rrversionary
- r4versionary
- r3versionary
- recersionary
- rebersionary
- regersionary
- refersionary
- revwrsionary
- revsrsionary
- revdrsionary
Etymology of REVERSIONARY
The word "reversionary" is derived from the noun "reversion" combined with the suffix "-ary".
The noun "reversion" derives from the Latin word "reversio", which means "a turning back" or "a return". In English, it initially referred to the act or state of reverting or returning to a previous condition or position.
The suffix "-ary" is derived from the Latin suffix "-arius", which indicates belonging to or connected with something. It is commonly used to form adjectives.
Therefore, "reversionary" describes something that pertains to or is associated with a reversion, specifically in the context of legal terms or property law.
Similar spelling words for REVERSIONARY
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