bottomry

bottomry 的中文释义

• n.

  船舶抵押契约

• [法] 冒险借贷, 船舶抵押契约

bottomry 的英文释义

• 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

• 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.

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