wadset
English
[edit]Alternative forms
[edit]Etymology
[edit]From Middle English wedsetten, equivalent to wed (“pledge”) + set. Wad is a Scottish form of wed.
Noun
[edit]wadset (countable and uncountable, plural wadsets)
- (obsolete, Scotland) The conveyance of land in pledge for a debt; a mortgage.
- 1829, Rob Roy[1], Walter Scott, Introduction to the 1829 edition:
- It was at this time that Rob Roy acquired an interest by purchase, wadset, or otherwise, to the property of Craig Royston already mentioned.
Verb
[edit]wadset (third-person singular simple present wadsets, present participle wadsetting, simple past and past participle wadsetted)
- (obsolete, Scotland) To mortgage land.
- 1822, Allan Cunningham, “Death of the Laird Of Warlsworm”, in Traditional Tales of the English and Scottish Peasantry, volume 2, page 307:
- I thought I heard the footstep of the young portioner of Glaiketha; he'll be come to borrow gold and to wadset land.