SIT
Type: noun, acronym
Pronunciation: /ess-eye-tee/ or /s-i-t/
Also spelled or known as: Successor in Title
Plural: SITs
Related: Successor in Title
What does SIT mean? Successor in Title; A person or organization that legally acquires ownership or control of rights previously held by another party or a beneficiary who collects royalties on behalf of a deceased member for the life of copyright.
The term is commonly used in legal and copyright documentation.
SIT synonyms: Successor in Title
Example sentence: “The agreement identified the new SIT following the acquisition.”
PRE-ORDER RECORDING BUSINESS DICTIONARY