B
BACK of the post to BALANCE of the mizen
BALANCE of the boom sail to BARK
BARNACLE to BEAMS
BEAMS to BED of a river
BED of a cannon to BIGHT
BILANDER to BLACK-STRAKES
BLADE to Trim the BOAT!
To bale the BOAT to BOLT-ROPE
BOMB to BOTTOM
BOTTOM to BOX-HAULING
BOTTOM
BOTTOMRY
BOW
BOWER
BOWLINE
To check the BOWLINE
To BOWSE
BOWSPRIT
BOXES of the pump
BOX-HAULING
BOXING to To BREAK-UP
BREAK-WATER to BRIDLES of the bowline
BRIG, or BRIGANTINE to Ship-BUILDING
Ship-BUILDING to BUNTINE
BUNTLINES to BUTTONS
Search
Contact us
BOTTOMRY
BOTTOMRY, (bomerie, Fr. from bottom) a contract for borrowing money on the keel or bottom of a ship; so that the commander binds the ship herself, that if the money be not paid at the time appointed, the creditors shall have the ship.BOTTOMRY is also where a person lends money to a merchant or adventurer who wants it in traffic, and the lender is to be paid a much greater sum at the return of the ship, standing to the hazard of the voyage. Although the interest on this account be greater than the law commonly allows, it is yet not esteemed usury; because the money being supplied at the lender's risk, if the ship perishes, lie shares in the loss thereof.
 |
Reference Works |  |
© Derived from Thomas Cadell's new corrected edition, London: 1780, page 45, 2003
Prepared by Paul Turnbull
http://southseas.nla.gov.au/refs/falc/0185.html