wadsetter
Scots legal and historical term.
Definitions
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.
Comments
(Scotland) A person who holds tenure by wadset.
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- wadset89%
(obsolete, Scotland) The conveyance of land in pledge for a debt; a mortgage.
- wadset89%
(obsolete, Scotland) To mortgage land.
- outsetter58%
Scottish legal and trade usage from 'outset' (to set out/publish). Before modern publishing houses, an outsetter was typically a printer-bookseller who both produced and distributed printed works. The term reflects the undivided printing-publishing trade of early modern Scotland.
- withset57%
(transitive, UK, _, dialectal, Scotland) To set (a place) with an ambush.