Definition
Definition of bottomry - Reverso English Dictionary
Noun
shipping financeDated agreement where vessel pledges repayment only if voyage ends safelyDated
- They raised cash with a bottomry agreement before sailing to India.
- Bottomry was a common form of maritime financing in the eighteenth century.
- The museum display explained how bottomry shifted risk from shipowners to lenders.
Expressions with bottomry
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loan secured by a ship as collateral
The captain signed a bottomry bond to repair the vessel.
Origin of bottomry
Dutch, bodem (bottom) + -rij (contract)
View all translations of bottomry
Click below to see the appropriate translations facing each meaning.
- French:grosse aventure, ...
- German:Bodmerei, ...
- Italian:contratto in cui la nave è data in garanzia e il debito è pagato solo se il viaggio va a buon fine, ...
- Spanish:contrato a la gruesa, ...
- Portuguese:caução marítima, ...
- Chinese:以船舶为抵押、仅在航程安全结束时偿还的海上借款, ...
- Japanese:ボトムリー, ...
- Arabic:قَرضٌ بَحْرِيٌّ مَضمونٌ بِالسَّفِينَة, ...
- Hebrew:בּוֹטוֹמֶרְיָה, ...
- Russian:бодмерея, ...
- Ukrainian:ботомрі, ...
- Hindi:बॉटमरी अनुबंध, ...
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