situs

noun

si·​tus ˈsī-təs How to pronounce situs (audio)
: the place where something exists or originates
specifically : the place where something (such as a right) is held to be located in law

Examples of situs in a Sentence

Recent Examples on the Web Also, the trust must be based in (have situs in) state that recognizes such trusts or the entire plan may bust. Martin Shenkman, Forbes, 6 Feb. 2023 But there is another specific potential application or benefit from using a trust protector, in a somewhat specialize manner (changing trustees, situs and governing law is a common application). Martin Shenkman, Forbes, 13 Apr. 2022 Worse, if the trust has situs in a low or no tax state, e.g., Florida, but the beneficiary resides in a high tax state like California, the increase in state income taxation from a distribution may outweigh the federal income tax benefits. Martin Shenkman, Forbes, 1 Nov. 2021 Drafters of trust documents should be familiar with the applicable Principal and Income Act of the situs of the trust to confirm whether capital gains are treated as principal (and thus not distributable) or income. Alan Gassman, Forbes, 29 Oct. 2021 Drafters of trust documents should take a close look at the applicable Principal and Income Act of the situs of the trust to confirm whether capital gains are treated as principal (and thus not distributable) or income. Alan Gassman, Forbes, 16 Sep. 2021 For example, an insurer with situs in Alabama could sell its policies in New York without meeting New York requirements for policy forms or capital surplus requirements. WSJ, 12 Feb. 2017

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'situs.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Latin — more at site

First Known Use

1629, in the meaning defined above

Time Traveler
The first known use of situs was in 1629

Dictionary Entries Near situs

Cite this Entry

“Situs.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/situs. Accessed 28 Mar. 2024.

Medical Definition

situs

noun
si·​tus ˈsīt-əs How to pronounce situs (audio)
: the place where something exists or originates : site
situs of an inflammation

Legal Definition

situs

noun
: a location that is or is held to be the site of something (as property or a crime or tort) and that commonly determines jurisdiction over it
the situs of a conspiracy
Etymology

Latin, position, site, from sinere to leave in place, allow

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