third possessor
noun
in the civil law of Louisiana
: one who acquires mortgaged property and is not personally bound for the obligation secured by the mortgage
Dictionary Entries Near third possessor
Cite this Entry
“Third possessor.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/third%20possessor. Accessed 26 Nov. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share