Vocabulary Entry

reversionary

|adjective • noun

adjective

Relating to or denoting a type of interest or right that reverts to the original owner after a certain event.

Example Sentences

"The reversionary interest in the property will return to the family after the lease ends."

"She holds a reversionary right over the estate that becomes active in ten years."

"The contract included a reversionary clause ensuring the land reverts back to the owner."

noun

Example Sentences

"He has a reversionary on the land, which will be his after the current lease expires."

"The reversionary can be triggered by a failure to comply with the lease terms."

"Understanding reversionary rights is essential for estate planning."