A Dictionary of the Older Scottish Tongue (up to 1700)
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First published 1951 (DOST Vol. II).
This entry has not been updated since then but may contain minor corrections and revisions.
Exercitor, n. [L. exercitor.] ‘The person to whom the profits of a ship or trading vessel belong, whether he be the actual owner, or merely the freighter’ (Bell). —1681 Stair Inst. 142.
The institory action, where by the contracts of institors … their prepositors are oblieged; as exercitors are as to maritime maters, so prepositors are correspondent in trafficque at land