reversion
/rɪˈvɜːʃən/
/rɪˈvɜrʒən/ noun Definition
› [C or U] PROPERTY, LAW a financial arrangement in which property or land is given back to the lender after a period of time during which someone else has used it: When the property is sold, the reversion company takes a share of the proceeds equal to the share of the house it has bought. a home reversion scheme/plan
› [S or U] the process of returning to a previous state or condition: Recent trading conditions would seem to indicate a reversion of the trade deficit.a reversion to sth Analysts expect to see a reversion to more balanced growth rates from 2012 onwards.
(Definition of reversion noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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