EXERCITOR

1 definition found

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  EXERCITOR. A term in the civil law, to denote the person who fits out, and 
  equips a vessel, whether he be the absolute or qualified owner, or even a 
  mere agent. Emer. on Mar. Loans, c. 1, s. 1. 
       2. In English, we generally use the word "ship's husband," but 
  exercitor is generally used to designate and distinguish from among several 
  part owners of a ship, the one who has the immediate care an management of 


  her. Hall on Mar. Loans 142, n. See Dig. 19, 2, 19, 7; Id. 14, 1 1, 15; 
  Vicat, Vocab.; Ship's husband.