wadset

• wadsett, wedset

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

wadset (countable and uncountable, plural wadsets)

1. (obsolete, Scotland) The conveyance of land in pledge for a debt; a mortgage.
   • 1829, Rob Roy‎, Walter Scott, Introduction to the 1829 edition:

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

wadset (third-person singular simple present wadsets, present participle wadsetting, simple past and past participle wadsetted)

1. (obsolete, Scotland) To mortgage land.
   • 1822, Allan Cunningham, “Death of the Laird Of Warlsworm”, in Traditional Tales of the English and Scottish Peasantry, volume 2, page 307:

     I thought I heard the footstep of the young portioner of Glaiketha; he'll be come to borrow gold and to wadset land.

• wadsetter

• stawed, tawsed, wadest, wasted