from The American Heritage® Dictionary of the English Language, 4th Edition
- adj. Of, relating to, or having possession.
- adj. Law Depending on or arising from possession: possessory interest.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. Of, pertaining to, having or arising from possession
from the GNU version of the Collaborative International Dictionary of English
- adj. Of or pertaining to possession, either as a fact or a right; of the nature of possession
from The Century Dictionary and Cyclopedia
- Pertaining to possession.
- Having possession: as, a possessory lord.
- In law, arising from possession: as, a possessory interest.
Sorry, no etymologies found.
Ms Watson is understood to have bought most of the site in a normal freehold transaction, using what is known as a title possessory order to gain ownership of the rest.
Now, if the contract does not contain the condition of delivery at the same time — as a pactum re initum — and consequently an interval of time intervenes between the conclusion of the contract and the taking possession of the object of acquisition, I cannot obtain possession of it during this interval otherwise than by exercising the particular juridical activity called a possessory act (actum possessorium), which constitutes a special contract.
But he says not all property interests are possessory.
Trade secret: we talk about controlling disclosure in a way consistent with a possessory interest.
At the other extreme, proposed Constitutional Amendment R asks voters if they want to approve "an exemption from property taxation for a possessory interest."
This will leave many voters scratching their heads wondering "What the heck is a possessory interest?" or "Is this related to possums?"
The real issue, I realized, was not the name but the possessory credit.
Seifuddin, 820 F.2d 1074 (9th Cir.1987) (convicted felons retain a non-possessory interest in seized firearms).
Superlobbyist David Wilmot has been pushing a deal to drop the "possessory interest tax," which would allow redevelopment of the space.
I refuse to consent to any search of these premises or any other premises under my control, or in which I may have a possessory, or privacy interest, including my car, my body, or effects.