Bottomry

A bottomry, or bottomage, is an arrangement in which the master of a ship borrows money upon the bottom or keel of it, so as to forfeit the ship itself to the creditor, if the money with interest is not paid at the time appointed at the ship`s safe return. This occurs, for example, where the ship needs urgent repairs during the course of its voya....
Found on http://en.wikipedia.org/wiki/Bottomry

Bottomry

Pledging a ship as security in a financial transaction.
Found on http://en.wikipedia.org/wiki/Glossary_of_nautical_terms

Bottomry

• (n.) A contract in the nature of a mortgage, by which the owner of a ship, or the master as his agent, hypothecates and binds the ship (and sometimes the accruing freight) as security for the repayment of money advanced or lent for the use of the ship, if she terminates her voyage successfully. If the ship is lost by perils of the sea, the l...
Found on http://thinkexist.com/dictionary/meaning/bottomry/

Bottomry

(n) Bottomry is the contract of pledging the ship, vessel, freight etc as security for repayment of debts for machine, equipment, repair, lease of vessels etc
Found on http://www.encyclo.co.uk/local/21213

Bottomry

Bot'tom·ry noun [ From 1st Bottom in sense 8: confer Dutch bodemerij . Confer Bummery .] (Mar.Law) A contract in the nature of a mortgage, by which the owner of a ship, or the master as his agent, hypothecates and binds the ship (and sometimes the accruing freight) as securi...
Found on http://www.encyclo.co.uk/webster/B/84

bottomry

a maritime contract (now almost obsolete) by which the owner of a ship borrows money for equipping or repairing the vessel and, for a definite term, ... [2 related articles]
Found on http://www.britannica.com/eb/a-z/b/98

Bottomry

Bottomry is a term for money advanced to a ship owner or his agent in the course of a voyage, for the use of a ship and on the security of a ship, the repayment of which is conditional on the ship reaching its destination.
Found on http://www.probertencyclopaedia.com/browse/JB.HTM

Bottomry

Maritime Law. A contract in nature of a mortgage of a ship on which the owner borrows money to enable him to fit out the ship, or to purchase a cargo for a voyage proposed: and he pledges the keel or bottom of the ship, pars pro toto, as a security for the repayment; and it is stipulated that if the ship should be lost in the course of the voyage b...
Found on http://www.lectlaw.com/def/b109.htm

Bottomry

Pledging a ship as security in a financial transaction.
Found on http://en.wikipedia.org/wiki/Glossary_of_nautical_terms

bottomry

using the ship as collateral to finance a sea voyage
Found on http://phrontistery.info/b.html

bottomry

using the ship as collateral to finance a sea voyage
Found on http://phrontistery.info/nautical.html
No exact match found