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bottomry
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The answer BOTTOMRY has 4 possible clue(s) in existing crosswords.
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The word BOTTOMRY is VALID in some board games. Check BOTTOMRY in word games in Scrabble, Words With Friends, see scores, anagrams etc.
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Definitions of bottomry in various dictionaries:
noun - a maritime contract
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 itse...
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Keep reading for additional results and analysis below.
Possible Crossword Clues |
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Ship-as-security insurance |
A mechanical set of lines that may put ship at risk |
Last lines in maritime contract? |
Securing trip by ship, or possibly, given extra time, by motor |
Last Seen in these Crosswords & Puzzles |
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Mar 21 2007 The Times - Cryptic |
Jul 25 2006 The Times - Cryptic |
Feb 26 2004 The Times - Cryptic |
Mar 16 2002 The Times - Concise |
Possible Dictionary Clues |
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A system of merchant insurance in which a ship is used as security against a loan to finance a voyage, the lender losing their money if the ship sinks. |
Bottomry description |
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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 voyage or some other emergency arises and it is not possible for the master to contact the owner to arrange funds, allowing the master to borrow money on the security of the ship or the cargo by executing a bond. Where the ship is hypothecated, the bond is called a bottomry bond. Where both the ship and its cargo are hypothecated, the relationship is called respondentia. Due to the bottomry bond's relatively low priority as against other liens in the event of a libel against the ship, the use of bottomry bonds declined greatly in the 19th century and the subject is today of interest only to legal historians. * The Code of Hammurabi describes a form |