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term:
Stoppage In Transitu
stoppage in transitu n
[Latin in transitu in passing from one place to another]
: the right of a seller of goods to stop them on their way to the buyer and resume possession of them (as on discovery of the buyer’s insolvency) called also stoppage in transit
Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.