Lectionary Calendar
Thursday, April 25th, 2024
the Fourth Week after Easter
the Fourth Week after Easter
Attention!
Tired of seeing ads while studying? Now you can enjoy an "Ads Free" version of the site for as little as 10¢ a day and support a great cause!
Click here to learn more!
Click here to learn more!
Bible Dictionaries
Bottomry
Webster's Dictionary
Search for…
or Resource Toolbox
Additional Links
(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.
Copyright Statement
These files are public domain.
Text Courtesy of BibleSupport.com. Used by Permission.
These files are public domain.
Text Courtesy of BibleSupport.com. Used by Permission.
Bibliography Information
Webster, Noah. Entry for 'Bottomry'. Noah Webster's American Dictionary. https://www.studylight.org/dictionaries/eng/web/b/bottomry.html. 1828.
Webster, Noah. Entry for 'Bottomry'. Noah Webster's American Dictionary. https://www.studylight.org/dictionaries/eng/web/b/bottomry.html. 1828.
