Stoppage in transitu

Dictionary: 
Ballentine's Law Dictionary

The right of stoppage in transitu is the right of the vendor to resume possession of the goods sold while they are in transit to the vendee, who is insolvent or in embarrassed circumstances. See 49 Ohio St. 41, 34 Am. St. Rep. 531, 29 N. E. 1124.

Author: 
James A. Ballentine
Publisher: 
The Bobbs-Merrill Company
Year Published: 
1916
Genre: 
Law Dictionary