Scots legal and historical term. A wadset was an early mortgage-like arrangement where land was pledged for a debt; the wadsetter was the creditor who held the land until repayment. The term appears in Scottish estate records and Walter Scott's novels, giving it a period literary flavour.
The local wadsetter called in the debt, and the tenant farmer had no choice but to vacate.
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(Scotland) A person who holds tenure by wadset.
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
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