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wadset

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1
wadset
▪ I. wadset, n. Sc. Now obsolescent. (ˈwɒdsɛt) Forms: 5–7 wedset(t, 6–8 wodset(t, 7 waddset, 8 wadsett, 6– wadset. [f. wadset v.] 1. Sc. Law. ‘The conveyance of land in pledge for, or in satisfaction of, a debt or obligation, with a reserved power to the debtor to recover his lands, on payment or pe... Oxford English Dictionary
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James Boyd, 9th Lord Boyd
His steady support of the royal cause appears to have financially embarrassed him, as he was obliged to wadset several portions of his estate to Sir William wikipedia.org
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weddesette
weddesette obs. form of wadset v. Oxford English Dictionary
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John Mackenzie, 9th of Kintail
In 1544 he acquired half of Culteleod [Castle Leod] and Drynie from Magnus Mowat and Patrick Mowat of Bugholly and in January 1547 he acquired a wadset wikipedia.org
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unwedset
† unˈwedset, ppl. a. Obs. [un-1 8 b. Cf. wadset v.] Not put in pledge.1480 Acta Dom. Conc. (1839) 70/2 Land..fre vnset for termes or for male and vnwedset. Oxford English Dictionary
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St Mary's Isle Priory
Mary’s Isle: The Wadset The succession of Lidderdale of St. to exercise the right to call on Lord Selkirk, The 5th Earl, to accept the conditions of the wadset, and to deliver up the Estate. wikipedia.org
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wadsetter
wadsetter Sc. (ˈwɒdsɛtə(r)) Also 7 wodsetter. [f. wadset v. and n. + -er1.] 1. One who puts his land to wadset; a mortgagor. rare.1625 in Ld. Durie Reports (1690) 43 He had Comprised the Reversion of the same Lands, which he had in Wodset of before, from the Wodsetter. 1864 Ld. Deas in Scots Revised... Oxford English Dictionary
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wodsett
wodset(t obs. ff. wadset. Oxford English Dictionary
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William Douglas, 9th Earl of Morton
The wadset (a loan masked as a sale of land under right of reversion) of the Lordship had been set aside, and annexed to the Commonwealth in 1657.  wikipedia.org
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Gardyne Castle
The tradition in the Gardyne family was that the lands and Barony had been "wadset" or pledged to raise money in defence of the country, but the more likely wikipedia.org
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wedsett
wedset(t, -sette obs. forms of wadset. Oxford English Dictionary
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Stenton
In the National Archives (GD6/219) there is an extract contract of wadset (mortgage or security) between George Lauder of the Bass and Isobel Hepburne, wikipedia.org
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impignorate
▪ I. † imˈpignorate, pa. pple. Obs. [ad. med.L. impignorāt-us, pa. pple. of impignorāre, f. im- (im-1) + pignus, pigner-, pignor- pledge, pawn, mortgage: cf. L. pignerāre to pledge.] Pledged, pawned, mortgaged.1548 Hall Chron., Hen. VII 27 b, [They] borowed..money, and for the repayment of the same,... Oxford English Dictionary
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Mortgage law
History Anglo-Saxon and Anglo-Norman law In Anglo-Saxon England, when interest loans were illegal, the main method of securing realty was by wadset (ME A wadset was a loan masked as a sale of land under right of reversion. wikipedia.org
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irredimable
† irredimable, a. Sc. Obs. rare—1. [f. ir-2 + L. redim-ĕre to redeem + -able. Cf. med.L. redimibilis (Du Cange).] = irredeemable 1. Hence † irredimably adv.1609 Skene Reg. Maj. 64 It rests to speik of that recognition, quhither ane man deceissed vested and saised in lands, as of fie (irredimable) or... Oxford English Dictionary
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