Wadset n. : A kind of pledge or mortgage.

Example:


Taxonomy
wad, pledge, Encyclopedia, mortgage, American Law, Scots Law, Scot, Sw, wager, Law, Dictionary, Unanswered questions, WikiAnswers, Search, United States law, Webster 1913, Video, Scotland.

Defination from the web:
... A wadset is a right by which lands or other property are pledged by their owner to a creditor in security for a debt. ...