Definition, Meaning & Synonyms
reversionary
Adjective
/rɪˈvɜːrʒənəri/
Definition
Relating to or denoting a reversion, especially in the context of property law.
Examples
- If the tenant vacates the premises, the reversionary interest reverts to the landlord.
- He has a reversionary interest in the estate after the death of the current holder.
Meaning
In property law, reversionary refers to a future interest held by someone who expects to receive ownership of a property when a particular condition is met or a specified time has elapsed.
Synonyms
- reversion
- subsequent
- conditional