A Dictionary of the Older Scottish Tongue (up to 1700)
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First published 1990 (DOST Vol. VII).
This entry has not been updated since then but may contain minor corrections and revisions.
Reverser, -or, n. [Cf. Reversio(u)n(e n., also 18th c. Eng. reverser one who reverses (a1743).] One who borrows money on the security of land, but retains through reversion a right to redeem the land. —c1630 Hope Minor Pract. (1734) 240 n.
The debitor, granter of the wadset, (now termed reversor) 1681 Stair Inst. ii x § 17.
Premonition is an act or deed, whereby the reverser … premonisheth the wadsetter … to appear at the place of consignation 1697 Fountainhall Decis. I 759.
The 62d act … was a correctory law and gave the reversers a favour, which they behoved to take as it stood
