"Bottomry" is a word in LAW AND LEGAL, ENGLISH
In maritime law. A con-tract in the nature of a mortgage, by which the owner of a ship borrows money for the use, equipment, or repair of the vessel, and
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
lender loses the money; but if the ship arrives safe, he is to receive
the money lent, with the interest or premium stipulated, although it
may, and usually does, exceed the legal rate of interest. See
Hypothecation.
One of the hardest-to-swallow, most countercultural, counter intuitive implications of the gospel is that bearing up under a difficult burden with patient perseverance is a good thing.
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A college student in a philosophy class was taking his first examination. On the paper there was a single line which simply said: "Is this a question?" - Discuss. After a short time he wrote: "If that is a question, then this is an answer." The student received an "A" on the exam. A Boston brokerage house advertised for a "young Harvard graduate or the equivalent." Among the inquiries received was one from a Yale grad. He said, "Do you mean two Princeton men, or a Yale man part time?"
A liberty to use a craue for drawing up goods and wares of burden from ships and vessels, at any …
Read the complete definitionThe act or practice of crimping; money paid to a crimp for shipping or enlisting men.
Read the complete definitiondunggù v {1} [A2; ac] for a boat to come to shore, wharf. Un-say inyung dunggúun didtu? What are you …
Read the complete definitionIn old English law. The freight of a ship; freight money. Cowell
Read the complete definitionTo pledge a thing without delivering the possession of it to the pledgee. “The master, when abroad, and in the …
Read the complete definitionA contract whereby, in consideration of money advanced for the necessities of the ship, the vessel, freight, or cargo is …
Read the complete definitionThe fare of a passenger by sea; money pald for the transpor-tatton of persons In a ship or vessel; as …
Read the complete definitionA figure by which the conjunction is often repeated, as in the sentence, \"We have ships and men and money …
Read the complete definitiontakílid (from kílid) v [A2S; c1] {1} tilt, turn over on the side. Nilísù siya kay mutakílid siya paghigdà, He …
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