third possessor


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.” Legal Dictionary, Merriam-Webster, Accessed 26 Sep. 2023.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!