1) Legal right 2) One holding honorary rank 3) Titular 1) Titular 
• (a.) Consisting in a title; titular. • (a.) Of or pertaining to a title. • (n.) A person invested with a title, in virtue of which he holds an office or benefice, whether he performs the duties of it or not.
Tit'u·la·ry noun ; plural Titularies . [ Confer French titulaire .] A person invested with a title, in virtue of which he holds an office or benefice, whether he performs the duties of it or not. 
adjective of or relating to a legal title to something; `titulary rights`