Reversion
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Reversion financial definition of reversion reversion. The interest retained by a grantor after transferring some of its interests but not all. A landlord transfers some of its interests when it executes a lease; the right retained is the reversion. Reversion - definition of reversion by The Free Dictionary Beginning in Boston, they were continued in a Boston suburb, on the shores of Lake George, in a Western New York health resort, in Buffalo, in Nahant; once, twice, and thrice in New York, with reversions to Boston, and summer excursions to the hills and waters of New England, until it seemed that their author had at last said his say, and he voluntarily lapsed into silence with the applause of ... Reversion legal definition of reversion - Legal Dictionary Reversion. Any future interest kept by a person who transfers property to another. A reversion occurs when a property owner makes an effective transfer of property to another but retains some future right to the property.
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