The Collaborative International Dictionary of English v.0.48:

Reverse \Re*verse"\, v. t. [imp. & p. p. Reversed
   (r[-e]*v[~e]rst");p. pr. & vb. n. Reversing.] [See
   Reverse, a., and cf. Revert.]
   1. To turn back; to cause to face in a contrary direction; to
      cause to depart.
      [1913 Webster]

            And that old dame said many an idle verse,
            Out of her daughter's heart fond fancies to reverse.
                                                  --Spenser.
      [1913 Webster]

   2. To cause to return; to recall. [Obs.]
      [1913 Webster]

            And to his fresh remembrance did reverse
            The ugly view of his deformed crimes. --Spenser.
      [1913 Webster]

   3. To change totally; to alter to the opposite.
      [1913 Webster]

            Reverse the doom of death.            --Shak.
      [1913 Webster]

            She reversed the conduct of the celebrated vicar of
            Bray.                                 --Sir W.
                                                  Scott.
      [1913 Webster]

   4. To turn upside down; to invert.
      [1913 Webster]

            A pyramid reversed may stand upon his point if
            balanced by admirable skill.          --Sir W.
                                                  Temple.
      [1913 Webster]

   5. Hence, to overthrow; to subvert.
      [1913 Webster]

            These can divide, and these reverse, the state.
                                                  --Pope.
      [1913 Webster]

            Custom . . . reverses even the distinctions of good
            and evil.                             --Rogers.
      [1913 Webster]

   6. (Law) To overthrow by a contrary decision; to make void;
      to under or annual for error; as, to reverse a judgment,
      sentence, or decree.
      [1913 Webster]

   Reverse arms (Mil.), a position of a soldier in which the
      piece passes between the right elbow and the body at an
      angle of 45[deg], and is held as in the illustration.

   To reverse an engine or To reverse a machine, to cause it
      to perform its revolutions or action in the opposite
      direction.
      [1913 Webster]

   Syn: To overturn; overset; invert; overthrow; subvert;
        repeal; annul; revoke; undo.
        [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Reversed \Re*versed"\ (r[-e]*v[~e]rst"), a.
   1. Turned side for side, or end for end; changed to the
      contrary; specifically (Bot. & Zool.), sinistrorse or
      sinistral; as, a reversed, or sinistral, spiral or shell.
      [1913 Webster]

   2. (Law) Annulled and the contrary substituted; as, a
      reversed judgment or decree.
      [1913 Webster]

   Reversed positive or Reversed negative (Photog.), a
      picture corresponding with the original in light and
      shade, but reversed as to right and left. --Abney.
      [1913 Webster]

WordNet (r) 3.0 (2006):

reversed
    adj 1: turned inside out and resewn; "the reversed collar looked
           as good as new"
    2: turned about in order or relation; "transposed letters" [syn:
       converse, reversed, transposed]

Moby Thesaurus II by Grady Ward, 1.0:

28 Moby Thesaurus words for "reversed":
   arsy-varsy, ass over elbows, back, back-to-front, backward,
   backwards, capsized, chiastic, counter, everted, hyperbatic,
   inside out, introverted, invaginated, inversed, inverted,
   outside in, palindromic, reflex, resupinate, retroverted,
   topsy-turvy, transposed, turned around, upside-down,
   wrong side out, wrong-way, wrong-way around