reversionary

UK
/rɪˈvɜːʃənəri/
US
/rɪˈvɜrʒəˌnɛri/

Translations

reversionarynoun
reversionaries
pl
UK
/rɪˈvɜːʃənəri/
US
/rɪˈvɜrʒəˌneri/
Occasionally used in legal contexts to denote a person entitled to a reversionary interest.
reversionaryadjective
more reversionary
Comp.
most reversionary
Super.
UK
/rɪˈvɜːʃənəri/
US
/rɪˈvɜrʒəˌnɛri/
The reversionary interest in the property will be transferred to the heir.
Реверсионный интерес в собственности будет передан наследнику.

Definitions

reversionarynoun
A person who holds or is entitled to a reversion of property or rights; a reversioner.
The reversionary filed suit to safeguard her future interest in the estate.
reversionaryadjective
Relating to or involving a reversion, especially a legal reversion of property or rights.
The reversionary interest in the estate will pass to the grandchildren once the current holder passes away.
Accruing or becoming payable at a future date, especially in reference to life-assurance policies or financial bonuses.
The policy provides a reversionary bonus that is added to the sum assured each year.