in the law of England, has two significations; the one of which is, an estate left, which continues during a particular state in being; and the other is the returning of the land, after the particular estate is ended; and it is further said to be an interest in lands when the possession of it fails, or where the estate, which was for a time parted with, returns to the grantors or their heirs. But according to the usual definition of a reversion, it is the residue of an estate left in the granter, after a particular estate granted away ceases, continuing in the granter of such an estate.
The difference between a remainder and a reversion consists in this, that the remainder may belong to any man except the granter; whereas the reversion returns to him who conveyed the lands.
in annuities. See ANNUITIES.