reversion definition

reversion

Automatic return of a trust property to the trust creator after the trust ends. A trust which provides for a reversion is called a reversionary trust.

Future interest in a property arising from the operation of law. For example, if A grants a property “to B for life” then A's interest in the property is reversionary because after B's death the entire property will return to A or his or her heirs. See also remainder.

reversion is in the Corporate, Commercial, & General Law and Investing subjects.

reversion appears in the definitions of the following terms: Cox, Ingersoll, Ross Option-Pricing Model and escheat

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