stoppagein transitu

stoppage in transitu (in tran-si-t[y]oo ortranz-i-t[y]oo). The right of a seller of goods to regain possession of those goods from a common carrier under certain circumstances, even though the seller has already parted with them under a contract for sale. • This right traditionally applies when goods are consigned wholly or partly on credit from […]

stoppagein transitu Read More »