wadsetn.

Brit.

/ˈwɒdsɛt/, U.S.

/ˈwɑdsɛt/, Scottish English

/ˈwɔdsɛt/

Forms: Middle English–1600s wedset(t, 1500s–1700s wodset(t, 1600s waddset, 1700s wadsett, 1500s– wadset.

Etymology: < wadset v.

Scottish. Now Obsolete.

1. Scots Law. ‘The conveyance of land in pledge for, or in satisfaction of, a debt or obligation, with a reserved power to the debtor to recover his lands, on payment or performance’ (Bell). (to have, lie) in wadset. Cf. mortgage n.There are two kinds of wadset, proper and improper (see quot. a1768).

ΘΚΠ

society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage

wadset1449

mortgagec1450

thirlage1578

hypothec1592

encumber1612

dead-pledge1658

mortgage bond1853

poultice1932

1449 Sc. Acts Jas. II (1814) II. 35/2 Quha sa has tane or takis landes in wedsett.

1520 in J. D. Marwick Extracts Rec. Burgh Edinb. (1869) I. 196 That the aucht over buthis of thair Tolbuith on the north syde be laid in wodsett vpoun the soume of ix^c and iij^xx frankis vnder ane reuersion.

1527–8 in J. D. Marwick Extracts Rec. Burgh Edinb. (1869) I. 233 The commoun buithis quhilk he hes in wedsett of the guid toun.

1536 Abstr. Protocols Town Clerks Glasgow (1897) IV. 90 The lowsing and rademyng of his place that lyis in wedset to Jhon Gybson of the xl pwnd of monye.

1609 J. Skene tr. Regiam Majestatem Table 104 b The saidis profits, and frutes..sall be payed zeirly to him, quha hes the wadset.

1644 Sc. Acts Chas. I (1819) VI. 143/2 The Lands, Anual-rents, Wodsets, and others holden by them of the saids forfeited persons.

1708 J. Chamberlayne Magnæ Britanniæ Notitia (ed. 22) ii. iii. vi. 521 The Scottish Wadsets and Reversions answer to the English Mortgages and Defeazances.

a1768 J. Erskine Inst. Law Scotl. (1773) I. ii. viii. §26 A proper wadset is truly of the nature of a redeemable right of property, and not barely of pledge; by which it is covenanted, that the use of the lands possessed by the wadsetter shall, during the not redemption, go for the use or interest of the money lent by him to the reverser... An improper wadset is nothing more than a pignus, or right of security; in which the wadsetter is accountable to the reverser for the neat yearly sums which he hath, or might have, received out of the wadset-lands.

1814 W. Scott Waverley II. xix. 293 There was little time to get the wadset made out.

1870 J. H. Burton Hist. Scotl. to 1688 V. lvii. 457 The poor man asked leave to raise money by ‘wadset’ or mortgage of his estates.

2. A thing pledged.

ΘΚΠ

society > trade and finance > financial dealings > moneylending > [noun] > pawnbroking > object pawned

pledge1620

wadset1796

1796 R. Burns Buy Braw Troggin 2 Here's a little Wadset, Buittle's scrap o' Truth; Pawn'd in a gin-shop, Quenching holy drouth.

1810 A. Cunningham et al. Remains Nithsdale & Galloway Song 90 Our guidwife coft a snip white coat,..But it's a wadset i' the town.

Compounds

attributive and in other combinations.

ΚΠ

1630 in Inchaffray Reg. (Bannatyne Club) 106 Christiane Murray..wodsett haver of the landis under written.

1665 in W. Mure Select. Family Papers Caldwell (1854) I. 62 Free of any such wadsett ryt.

a1728 J. Spottiswoode Hope's Minor Practicks (1734) vi. 241 This, for many Years, was the common and ordinary Reason of Reduction of Wadset-rights.

a1768 J. Erskine Inst. Law Scotl. (1773) I. ii. viii. §19 This instrument..subjects the wadsetter to account for the rent of the wadsetlands, from the time the order was used.

a1768 J. Erskine Inst. Law Scotl. (1773) I. ii. viii. §28 A back~tack of them [the lands] to the reverser..is made to continue during the not redemption of the wadset, for payment of the interest of the wadset-sum.

This entry has not yet been fully updated (first published 1921; most recently modified version published online December 2021).

wadsetv.

Forms: Past tense and participle wadset, wadsetted. Forms: Middle English wed(de)sette, Middle English–1600s wedset(t, 1500s, 1600s wodset(t, 1500s–1700s wadset.

Etymology: Scots form (with wad Scots variant of wed n.) of Middle English wedset , < wed n. + set v.¹; probably developed from an Old English phrase *tó wedde settan ‘to set to pledge’, to pawn, mortgage. (The recorded Old English phrases are tó wedde lecgan, sellan; compare ‘Mi lond ich wulle sette to wedde’, Layamon 25172. Old English and Middle English had also wed settan, to sette wed = to deposit a pledge.)Previous versions of the OED give the stress as: ˈwadset.

Chiefly Scottish ? Obsolete.

transitive. To put (land, clothes, etc.) in pledge; to pawn, mortgage.

ΘΚΠ

society > law > legal obligation > bond or recognizance > requiring or giving legal security > legal security [verb (transitive)] > mortgage

wadsetc1330

to lay in (also to) mortgagea1393

to set to mortgagea1393

mortgage1469

gage1474

engage1525

immortgage1575

thirl1582

impignoratea1639

hypothecate1693

society > trade and finance > financial dealings > borrowing money > borrow money [verb (transitive)] > borrow money on security > specific to mortgage (land)

to set, put, lay to or in wed?a900

wadsetc1330

to give (also have, lay, put, take) to pledgea1529

c1330 R. Mannyng Chron. Wace (Rolls) 11796 Al my lond schal y wed-sette ffor gold & seluer.

a1400 Burgh Laws lxxix, in Sc. Stat. I Of lande þat is wedset wythin burgh.

c1440 York Myst. xxxii. 346 A place here beside, lorde, wolde I wedde-sette.

1506 Reg. Privy Seal Scotl. I. 176 A Lettre of Licence..to analy or wedset to quhatsumever person or persons he ples ony xii merkis worth of land.

1508 W. Kennedy Flyting (Chepman & Myllar) in Poems W. Dunbar (1998) I. 215 Thou drank thy trift, sald and wedsett thy clais.

1572 R. Sempill Lament. Commounis Scotl. (single sheet) All our gay garmentis..We thame wedset our bodyis to sustene.

1646 Z. Boyd in Munimenta Alme Univ. Glasguensis (1854) III. 489 The said Laird wodset sold and disponed to us..the lands.

1678 G. Mackenzie Laws & Customes Scotl. (1699) i. xxiv. §iv. 122 The Wadsetter runs all hazard of the Lands Wadset to him.

1775 L. Shaw Hist. Moray 33 These, and some other possessions, are now wadsetted by William Gordon.

1859 C. Innes Bk. Thanes Cawdor 420 There follows..a list of the wadsets, from which we learn that Budgate was wadset to Mr. William Dallas for 10,000 marks.

figurative.1645 S. Rutherford Tryal & Trivmph of Faith (1845) 366 Blood, and the blood of God shed, cannot wadset ancient loue.

Derivatives

† ˈwadsetting n. Obsolete

ΘΚΠ

society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage > action of mortgaging

wadsettingc1440

mortgaging1606

consignment1622

hypothecation1681

c1440 Promptorium Parvulorum 520/1 Wedsettynge, impignoracio.

1509 Reg. Priv. Seal Scot. I. 295/2 The quhilk alienatioun or wedsetting the [King] willis..sal be na hurt..to the biaris.

1654 J. Lamont Diary (1830) 72 No money lent, or bargaine in sailling or wedsetting of land..was to be allowed.

This entry has not yet been fully updated (first published 1921; most recently modified version published online December 2020).

单词	wadset
释义	wadsetn. Brit. /ˈwɒdsɛt/, U.S. /ˈwɑdsɛt/, Scottish English /ˈwɔdsɛt/ Forms: Middle English–1600s wedset(t, 1500s–1700s wodset(t, 1600s waddset, 1700s wadsett, 1500s– wadset. Etymology: < wadset v. Scottish. Now Obsolete. 1. Scots Law. ‘The conveyance of land in pledge for, or in satisfaction of, a debt or obligation, with a reserved power to the debtor to recover his lands, on payment or performance’ (Bell). (to have, lie) in wadset. Cf. mortgage n.There are two kinds of wadset, proper and improper (see quot. a1768). ΘΚΠ society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage wadset1449 mortgagec1450 thirlage1578 hypothec1592 encumber1612 dead-pledge1658 mortgage bond1853 poultice1932 1449 Sc. Acts Jas. II (1814) II. 35/2 Quha sa has tane or takis landes in wedsett. 1520 in J. D. Marwick Extracts Rec. Burgh Edinb. (1869) I. 196 That the aucht over buthis of thair Tolbuith on the north syde be laid in wodsett vpoun the soume of ix^c and iij^xx frankis vnder ane reuersion. 1527–8 in J. D. Marwick Extracts Rec. Burgh Edinb. (1869) I. 233 The commoun buithis quhilk he hes in wedsett of the guid toun. 1536 Abstr. Protocols Town Clerks Glasgow (1897) IV. 90 The lowsing and rademyng of his place that lyis in wedset to Jhon Gybson of the xl pwnd of monye. 1609 J. Skene tr. Regiam Majestatem Table 104 b The saidis profits, and frutes..sall be payed zeirly to him, quha hes the wadset. 1644 Sc. Acts Chas. I (1819) VI. 143/2 The Lands, Anual-rents, Wodsets, and others holden by them of the saids forfeited persons. 1708 J. Chamberlayne Magnæ Britanniæ Notitia (ed. 22) ii. iii. vi. 521 The Scottish Wadsets and Reversions answer to the English Mortgages and Defeazances. a1768 J. Erskine Inst. Law Scotl. (1773) I. ii. viii. §26 A proper wadset is truly of the nature of a redeemable right of property, and not barely of pledge; by which it is covenanted, that the use of the lands possessed by the wadsetter shall, during the not redemption, go for the use or interest of the money lent by him to the reverser... An improper wadset is nothing more than a pignus, or right of security; in which the wadsetter is accountable to the reverser for the neat yearly sums which he hath, or might have, received out of the wadset-lands. 1814 W. Scott Waverley II. xix. 293 There was little time to get the wadset made out. View more context for this quotation 1870 J. H. Burton Hist. Scotl. to 1688 V. lvii. 457 The poor man asked leave to raise money by ‘wadset’ or mortgage of his estates. 2. A thing pledged. ΘΚΠ society > trade and finance > financial dealings > moneylending > [noun] > pawnbroking > object pawned pledge1620 wadset1796 1796 R. Burns Buy Braw Troggin 2 Here's a little Wadset, Buittle's scrap o' Truth; Pawn'd in a gin-shop, Quenching holy drouth. 1810 A. Cunningham et al. Remains Nithsdale & Galloway Song 90 Our guidwife coft a snip white coat,..But it's a wadset i' the town. Compounds attributive and in other combinations. ΚΠ 1630 in Inchaffray Reg. (Bannatyne Club) 106 Christiane Murray..wodsett haver of the landis under written. 1665 in W. Mure Select. Family Papers Caldwell (1854) I. 62 Free of any such wadsett ryt. a1728 J. Spottiswoode Hope's Minor Practicks (1734) vi. 241 This, for many Years, was the common and ordinary Reason of Reduction of Wadset-rights. a1768 J. Erskine Inst. Law Scotl. (1773) I. ii. viii. §19 This instrument..subjects the wadsetter to account for the rent of the wadsetlands, from the time the order was used. a1768 J. Erskine Inst. Law Scotl. (1773) I. ii. viii. §28 A back~tack of them [the lands] to the reverser..is made to continue during the not redemption of the wadset, for payment of the interest of the wadset-sum. This entry has not yet been fully updated (first published 1921; most recently modified version published online December 2021). wadsetv. Forms: Past tense and participle wadset, wadsetted. Forms: Middle English wed(de)sette, Middle English–1600s wedset(t, 1500s, 1600s wodset(t, 1500s–1700s wadset. Etymology: Scots form (with wad Scots variant of wed n.) of Middle English wedset , < wed n. + set v.¹; probably developed from an Old English phrase tó wedde settan ‘to set to pledge’, to pawn, mortgage. (The recorded Old English phrases are tó wedde lecgan, sellan; compare ‘Mi lond ich wulle sette to wedde’, Layamon 25172. Old English and Middle English had also wed settan, to sette wed* = to deposit a pledge.)Previous versions of the OED give the stress as: ˈwadset. Chiefly Scottish ? Obsolete. transitive. To put (land, clothes, etc.) in pledge; to pawn, mortgage. ΘΚΠ society > law > legal obligation > bond or recognizance > requiring or giving legal security > legal security [verb (transitive)] > mortgage wadsetc1330 to lay in (also to) mortgagea1393 to set to mortgagea1393 mortgage1469 gage1474 engage1525 immortgage1575 thirl1582 impignoratea1639 hypothecate1693 society > trade and finance > financial dealings > borrowing money > borrow money [verb (transitive)] > borrow money on security > specific to mortgage (land) to set, put, lay to or in wed?a900 wadsetc1330 to give (also have, lay, put, take) to pledgea1529 c1330 R. Mannyng Chron. Wace (Rolls) 11796 Al my lond schal y wed-sette ffor gold & seluer. a1400 Burgh Laws lxxix, in Sc. Stat. I Of lande þat is wedset wythin burgh. c1440 York Myst. xxxii. 346 A place here beside, lorde, wolde I wedde-sette. 1506 Reg. Privy Seal Scotl. I. 176 A Lettre of Licence..to analy or wedset to quhatsumever person or persons he ples ony xii merkis worth of land. 1508 W. Kennedy Flyting (Chepman & Myllar) in Poems W. Dunbar (1998) I. 215 Thou drank thy trift, sald and wedsett thy clais. 1572 R. Sempill Lament. Commounis Scotl. (single sheet) All our gay garmentis..We thame wedset our bodyis to sustene. 1646 Z. Boyd in Munimenta Alme Univ. Glasguensis (1854) III. 489 The said Laird wodset sold and disponed to us..the lands. 1678 G. Mackenzie Laws & Customes Scotl. (1699) i. xxiv. §iv. 122 The Wadsetter runs all hazard of the Lands Wadset to him. 1775 L. Shaw Hist. Moray 33 These, and some other possessions, are now wadsetted by William Gordon. 1859 C. Innes Bk. Thanes Cawdor 420 There follows..a list of the wadsets, from which we learn that Budgate was wadset to Mr. William Dallas for 10,000 marks. figurative.1645 S. Rutherford Tryal & Trivmph of Faith (1845) 366 Blood, and the blood of God shed, cannot wadset ancient loue. Derivatives † ˈwadsetting n. Obsolete ΘΚΠ society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage > action of mortgaging wadsettingc1440 mortgaging1606 consignment1622 hypothecation1681 c1440 Promptorium Parvulorum 520/1 Wedsettynge, impignoracio. 1509 Reg. Priv. Seal Scot. I. 295/2 The quhilk alienatioun or wedsetting the [King] willis..sal be na hurt..to the biaris. 1654 J. Lamont Diary (1830) 72 No money lent, or bargaine in sailling or wedsetting of land..was to be allowed. This entry has not yet been fully updated (first published 1921; most recently modified version published online December 2020). < n.1449v.c1330
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