From The Collaborative International Dictionary of English v.0.48 [gcide]:
Reversion \Re*ver"sion\ (r[-e]*v[~e]r"sh[u^]n), n. [F.
r['e]version, L. reversio a turning back. See {Revert}.]
1. The act of returning, or coming back; return. [Obs.]
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After his reversion home, [he] was spoiled, also, of
all that he brought with him. --Foxe.
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2. That which reverts or returns; residue. [Obs.]
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The small reversion of this great navy which came
home might be looked upon by religious eyes as
relics. --Fuller.
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3. (Law) The returning of an estate to the grantor or his
heirs, by operation of law, after the grant has
terminated; hence, the residue of an estate left in the
proprietor or owner thereof, to take effect in possession,
by operation of law, after the termination of a limited or
less estate carved out of it and conveyed by him. --Kent.
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4. Hence, a right to future possession or enjoyment;
succession.
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For even reversions are all begged before. --Dryden.
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5. (Annuities) A payment which is not to be received, or a
benefit which does not begin, until the happening of some
event, as the death of a living person. --Brande & C.
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6. (Biol.) A return towards some ancestral type or character;
atavism.
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{Reversion of series} (Alg.), the act of reverting a series.
See {To revert a series}, under {Revert}, v. t.
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From WordNet (r) 3.0 (2006) [wn]:
reversion
n 1: (law) an interest in an estate that reverts to the grantor
(or his heirs) at the end of some period (e.g., the death
of the grantee)
2: (genetics) a return to a normal phenotype (usually resulting
from a second mutation)
3: a reappearance of an earlier characteristic [syn: {atavism},
{reversion}, {throwback}]
4: turning in the opposite direction [syn: {reversion},
{reverse}, {reversal}, {turnabout}, {turnaround}]
5: returning to a former state [syn: {regression}, {regress},
{reversion}, {retrogression}, {retroversion}]
6: a failure to maintain a higher state [syn: {backsliding},
{lapse}, {lapsing}, {relapse}, {relapsing}, {reversion},
{reverting}]
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