reversionary
C2CEFR level
90/100Rarity: very rare
TechnicalRegister
Law adjective
Relating to an interest in land that will fall into possession when a prior estate comes to an end.
The freeholder's reversionary interest would take effect in possession the moment the long lease expired.
Business adjective
Relating to the return of property or its full market value to the owner at the end of a lease or interest.
The building's reversionary potential was substantial, since the passing rents sat well below current market levels.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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