Bottomry
a contract, of the nature of a mortgage, by which the owner of a ship borrows money to make a voyage, pledging the ship as security.
Historical Examples
Encyclopaedia Britannica, 11th Edition, Volume 14, Slice 6 Various
Encyclopaedia Britannica, 11th Edition, Volume 5, Slice 8 Various
Encyclopaedia Britannica, 11th Edition, Volume 4, Slice 3 Various
Blackwood’s Edinburgh Magazine, No. CCCXXIX. Various
Encyclopaedia Britannica, 11th Edition, Volume 16, Slice 5 Various
Encyclopaedia Britannica, 11th Edition, Volume 4, Slice 3 Various
The Sailor’s Word-Book William Henry Smyth
noun (pl) -ries
(maritime law) a contract whereby the owner of a ship borrows money to enable the vessel to complete the voyage and pledges the ship as security for the loan
Read Also:
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the lowest or deepest part of anything, as distinguished from the top: the bottom of a hill; the bottom of a page. Synonyms: base, foot, pedestal. the under or lower side; underside: the bottom of a typewriter. the ground under any body of water: the bottom of the sea. Usually, bottoms. Also called bottom land. […]
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the toxin formed by botulinus and causing botulism. noun a potent toxin produced by the bacterium Clostridium botulinum in imperfectly preserved food, etc, causing botulism