1. The interest that is left after subtracting what the transferor has parted with from what the transferor originally had; specif., a future interest in land arising by operation of law whenever an estate owner grants to another a particular estate, such as a life estate or a term of years, but does not dispose of the entire interest. • A reversion occurs automatically upon termination of the prior estate, as when a life tenant dies. — Also termed reversionary estate; estate in reversion; equitable reversion. [Cases: Reversions
1. C.J.S. Estates §§ 103–104.]
2. Loosely, REMAINDER. Cf. POSSIBILITY OF REVERTER; REMAINDER. — reversionary, adj. — revert, vb.
