bottomry
Americannoun
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bottomries
plural
noun
Other Word Forms
Noun Inflected Forms
Etymology
Origin of bottomry
1615–25; modeled on Dutch bodemerij, equivalent to bodem bottom + -erij -ry
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
It includes numerous clauses devoted to the topic of "bottomry", a kind of maritime insurance bundled together with a business loan.
From BBC ● Mar. 19, 2017
A loan made upon goods laden in a ship, for which the borrower is personally responsible; differing therein from bottomry, where the ship and tackle are liable.
From The Sailor's Word-Book An Alphabetical Digest of Nautical Terms, including Some More Especially Military and Scientific, but Useful to Seamen; as well as Archaisms of Early Voyagers, etc. by Sir Edward Belcher
A scrivener who lived at Wapping, and whose trade was to furnish the seafaring men there with money at high interest, had some time before lent a sum on bottomry.
From The History of England, from the Accession of James II — Volume 2 by Thomas Babington Macaulay, Baron Macaulay
The contract of bottomry is a negotiable instrument, which may be put in suit by the person to whom it is transferred: it is in use in all countries of maritime commerce and interests.
From The Sailor's Word-Book An Alphabetical Digest of Nautical Terms, including Some More Especially Military and Scientific, but Useful to Seamen; as well as Archaisms of Early Voyagers, etc. by Sir Edward Belcher
If the ship should deviate from the voyage for which the funds were advanced, her subsequent loss will not discharge the obligation of the borrower under the bottomry contract.
From Encyclopaedia Britannica, 11th Edition, Volume 4, Slice 3 "Borgia, Lucrezia" to "Bradford, John" by Various
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
