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, Walter Scott, Rob Roy, 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, v. 2, p. 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