Definition Definition

reversion - Meaning and Examples

Meaning of 'reversion' (Webster Dictionary)

1 . Reversion [ n.]
- The act of returning, or coming back; return.
- That which reverts or returns; residue.
- The returning of an esttate to the grantor or his heirs, by operation of law, after the grant has terminated; hence, the residue of an estate left in the proprietor or owner thereof, to take effect in possession, by operation of law, after the termination of a limited or less estate carved out of it and conveyed by him.
- Hence, a right to future possession or enjoiment; succession.
- A payment which is not to be received, or a benefit which does not begin, until the happening of some event, as the death of a living person.
- A return towards some ancestral type or character; atavism.