/ˌpɒsɛsˈsɒri/ or /ˌpɒsɛsˈsɔri/ (PO-ses-SOR-ee)

Definitions

1. adjective

Of or relating to possession, especially a right to property or assets that are not yet in one’s possession.

“The possessory interest in the land was transferred to the new owner.”

2. noun

A right or interest in property that is not yet in possession.

“The lawyer specialized in possessory rights and easements.”