Words / D / Law

disponent owner

noun/dɪˈspəʊnənt ˈəʊnə/

C2CEFR level
93/100Rarity: very rare
TechnicalRegister

A party who charters in a vessel and then sub-charters it out, so acting as owner towards the sub-charterer without holding legal title.

The disponent owners sought to pass the charterers' claim up the chain to the head owners.

Topic: Shipping & maritime in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Shipping & maritime