Definition, Meaning & Synonyms
reversionary
Adjective
/rɪˈvɜːrʒənəri/
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Definition
Relating to or denoting a reversion, especially in the context of property law.
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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.
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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.
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Synonyms
- reversion
- subsequent
- conditional