bottomry

[ bot-uh m-ree ]
/ ˈbɒt əm ri /
|

noun, plural bot·tom·ries. Marine Law.

a contract, of the nature of a mortgage, by which the owner of a ship borrows money to make a voyage, pledging the ship as security.

Nearby words

  1. bottom-up programming,
  2. bottoming,
  3. bottomless,
  4. bottomless pit,
  5. bottommost,
  6. bottoms up,
  7. bottomset bed,
  8. bottrop,
  9. botts dots,
  10. botulin

Origin of bottomry

1615–25; modeled on Dutch bodemerij, equivalent to bodem bottom + -erij -ry

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for bottomry


British Dictionary definitions for bottomry

bottomry

/ (ˈbɒtəmrɪ) /

noun plural -ries

maritime law a contract whereby the owner of a ship borrows money to enable the vessel to complete the voyage and pledges the ship as security for the loan

Word Origin for bottomry

C16: from Dutch bodemerij, from bodem bottom (hull of a ship) + -erij -ry

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012