(Reversion) The right of a property owner to the future enjoyment of property presently in the possession or occupancy of another. For example, a railroad company could acquire a right-of-way easement that states upon cessation of use as a rail line that the property would revert to the original owner or heirs.
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The right to receive the property held in a trust at some future date. For instance, a person might... <a target=_blank href='http://www.finance-glossary.com/terms/reversionary-interest.htm?id=1954&ginPtrCode=00000&PopupMode=false' title='Read full definition of reversionary interest'>more</a>
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