wadset meaning (obsolete): definition, etymology and quotations

wadset

noun

Etymology From Middle English wedsetten, equivalent to wed (“pledge”) + set. Wad is a Scottish form of wed.

Scotland, Obsolete The conveyance of land in pledge for a debt; a mortgage.

It was at this time that Rob Roy acquired an interest by purchase, wadset, or otherwise, to the property of Craig Royston already mentioned.1829, Rob Roy, Walter Scott, Introduction to the 1829 edition:

verb

Etymology From Middle English wedsetten, equivalent to wed (“pledge”) + set. Wad is a Scottish form of wed.

Scotland, Obsolete To mortgage land.

I thought I heard the footstep of the young portioner of Glaiketha; he'll be come to borrow gold and to wadset land.1822, Allan Cunningham, “Death of the Laird Of Warlsworm”, in Traditional Tales of the English and Scottish Peasantry, volume 2, page 307:

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