Reversionary for Dummies
adjective
What does Reversionary really mean?
Hey there! No worries, I'm here to help you understand what "reversionary" means. So, let's dive into it!
Have you ever lent something to a friend, like a cool toy or a book? Well, imagine that you borrowed a really awesome toy from a friend for a specific amount of time. You play with it for a while, but at some point, you have to give it back to your friend because it's their toy after all. That's when the idea of "reversionary" comes in!
Reversionary basically means that something will revert or go back to someone after a particular period or event. It refers to a future possession, ownership, or right that someone will get again in the future. In the toy example, you had possession of the toy, but you knew it would go back or revert to your friend eventually.
Now, let's break it down a bit more. You see, "reversionary" can have different meanings depending on the context. In law or economics, it often refers to a future interest in property. It means that someone has a right to own or possess something again in the future, but they don't have it right now. It's like owning something, but only getting it back later.
For example, let's say your grandma gives you her lovely old pendant to wear for a special occasion. However, she clearly states that once the occasion is over, the pendant will revert or go back to her. So, during that special event, you have the pendant, but afterward, it will revert to your grandma. That's a reversionary interest in action!
So, to sum it up, "reversionary" means having a future right or interest in owning, possessing, or getting something back. It's like knowing that something will return to someone in the future, even if they don't have it right now. Just like you'd return your friend's toy or your grandma's pendant after enjoying them for a while!
Hope that gives you a clearer picture of what "reversionary" means! If you have any more questions or need further explanation, feel free to ask. Learning new words can be tricky, but together we'll make it easier!
Revised and Fact checked by Liam Lewis on 2023-10-29 17:43:59
Reversionary In a sentece
Learn how to use Reversionary inside a sentece
- When someone receives money or property after the person who originally owned it dies, it is called a reversionary inheritance.
- If you lend a book to your friend and ask for it back when they're done reading it, you are expecting a reversionary return of the book.
- When you buy a new phone, you may trade in your old phone to the store and receive a reversionary credit towards the new purchase.
- In some countries, if you win a lottery and choose to receive the prize money gradually over several years instead of a lump sum, it is a reversionary payment plan.
- When a person signs up for a magazine subscription with monthly installments, they are essentially making a reversionary commitment to receive and pay for each issue until the subscription expires.
Reversionary Category
The domain category to which the original word belongs.
Reversionary Pertains To
Words to which the original word is relevant