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reversion duty

noun
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Definition of reversion duty

chiefly British
: a duty levied on a lessor at the termination of a long lease based on increase of property valuation during the period of the lease

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Dictionary Entries Near reversion duty

reversionary annuity

reversion duty

reversioner

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“Reversion duty.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reversion%20duty. Accessed 17 May. 2022.

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