from The Century Dictionary and Cyclopedia
- n. In law, the person to whom the profits of a ship or trading-vessel belong; the owner, managing owner, or charterer.
Sorry, no etymologies found.
The former lies against a master who has appointed a slave to be captain of a ship, to recover a debt incurred by the slave in his character of captain, and it is called exercitoria, because the person to whom the daily profits of a ship belong is termed an exercitor.
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