释义 |
stoppage in transitu A remedy available to an unpaid seller of goods when the buyer has become insolvent and the goods are still in course of transit. If the seller gives notice of stoppage to the carrier or other bailee of the goods, he is entitled to have them redelivered to him and may then retain possession of them until the price is paid or tendered. If the right is not exercised, the goods will fall into the insolvent buyer’s estate and go towards satisfying his creditors generally. |