event.relatedTarget

The other DOM element involved in the event, if any.

.event.relatedTarget()🡢 Element

For mouseout, indicates the element being entered; for mouseover, indicates the element being exited.

On mouseout of anchors, alert the element type being entered.

HTML
$("a").mouseout(function (event) {
  alert(event.relatedTarget.nodeName); // "DIV"
});
DEMO

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