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Meaning of "bottomry" in the English dictionary

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DICTIONARY
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ETYMOLOGY OF THE WORD BOTTOMRY

From Dutch bodemerij, from bodembottom (hull of a ship) + -erij-ry.
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Etymology is the study of the origin of words and their changes in structure and significance.
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PRONUNCIATION OF BOTTOMRY

bottomry  [ˈbɒtəmrɪ] play
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GRAMMATICAL CATEGORY OF BOTTOMRY

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Bottomry is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES BOTTOMRY MEAN IN ENGLISH?

Bottomry

A bottomry, or bottomage, is an arrangement in which the master of a ship borrows money upon the bottom or keel of it, so as to forfeit the ship itself to the creditor, if the money with interest is not paid at the time appointed at the ship's safe return. This occurs, for example, where the ship needs urgent repairs during the course of its voyage or some other emergency arises and it is not possible for the master to contact the owner to arrange funds, allowing the master to borrow money on the security of the ship or the cargo by executing a bond. Where the ship is hypothecated, the bond is called a bottomry bond. Where both the ship and its cargo are hypothecated, the relationship is called respondentia. Due to the bottomry bond's relatively low priority as against other liens in the event of a libel against the ship, the use of bottomry bonds declined greatly in the 19th century and the subject is today of interest only to legal historians. The Code of Hammurabi describes a form of bottomry that was a type of insurance. A bottomry would be taken, but the repayment would be contingent on the ship successfully completing the voyage.

Definition of bottomry in the English dictionary

The definition of bottomry in the dictionary is 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.

WORDS THAT RHYME WITH BOTTOMRY


awmrie
ˈɔːmrɪ
awmry
ˈɔːmrɪ
coxcombry
ˈkɒksˌkəʊmrɪ
Cymry
ˈkɪmrɪ
Kymry
ˈkɪmrɪ
paynimry
ˈpeɪnɪmrɪ

WORDS THAT BEGIN LIKE BOTTOMRY

bottom feeder
bottom fisher
bottom fishing
bottom gear
bottom house
bottom line
bottom out
bottom-up
bottom-up processing
bottomer
bottoming
bottomland
bottomless
bottomlessly
bottomlessness
bottommost
bottomness
bottomries
bottoms up
bottomset bed

WORDS THAT END LIKE BOTTOMRY

a far cry
angry
anniversary
battery
blackberry
carry
category
celery
century
cherry
contemporary
country
cry
delivery
diary
dictionary
directory
discovery
dry
the Cymry

Synonyms and antonyms of bottomry in the English dictionary of synonyms

SYNONYMS

Translation of «bottomry» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF BOTTOMRY

Find out the translation of bottomry to 25 languages with our English multilingual translator.
The translations of bottomry from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «bottomry» in English.

Translator English - Chinese

抵押借款
1,325 millions of speakers

Translator English - Spanish

la gruesa
570 millions of speakers

English

bottomry
510 millions of speakers

Translator English - Hindi

पोत
380 millions of speakers
ar

Translator English - Arabic

bottomry
280 millions of speakers

Translator English - Russian

бодмерейный
278 millions of speakers

Translator English - Portuguese

Empréstimo a
270 millions of speakers

Translator English - Bengali

নৌ
260 millions of speakers

Translator English - French

grosse
220 millions of speakers

Translator English - Malay

Bawah
190 millions of speakers

Translator English - German

bottomry
180 millions of speakers

Translator English - Japanese

bottomry
130 millions of speakers

Translator English - Korean

bottomry
85 millions of speakers

Translator English - Javanese

Bottomry
85 millions of speakers
vi

Translator English - Vietnamese

cầm tàu
80 millions of speakers

Translator English - Tamil

அடகுப்
75 millions of speakers

Translator English - Marathi

तळाशी
75 millions of speakers

Translator English - Turkish

bottomry
70 millions of speakers

Translator English - Italian

bottomry
65 millions of speakers

Translator English - Polish

bottomry
50 millions of speakers

Translator English - Ukrainian

бодмерейний
40 millions of speakers

Translator English - Romanian

bottomry
30 millions of speakers
el

Translator English - Greek

ναυτικό δάνειο
15 millions of speakers
af

Translator English - Afrikaans

bottomry
14 millions of speakers
sv

Translator English - Swedish

bottomry
10 millions of speakers
no

Translator English - Norwegian

bodmeri
5 millions of speakers

Trends of use of bottomry

TRENDS

TENDENCIES OF USE OF THE TERM «BOTTOMRY»

The term «bottomry» is normally little used and occupies the 145.349 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
32
/100
The map shown above gives the frequency of use of the term «bottomry» in the different countries.
Principal search tendencies and common uses of bottomry
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «bottomry».

FREQUENCY OF USE OF THE TERM «BOTTOMRY» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «bottomry» during the past 500 years. Its implementation is based on analysing how often the term «bottomry» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about bottomry

EXAMPLES

10 ENGLISH BOOKS RELATING TO «BOTTOMRY»

Discover the use of bottomry in the following bibliographical selection. Books relating to bottomry and brief extracts from same to provide context of its use in English literature.
1
The Origin and Early History of Insurance: Including the ...
" Originally submitted as a thesis to the University of London by the late Dr. C.F. Trenerry, whose intention it was to recast it for publication. Edited by Ethel L. Gover and Agnes S. Paul.
Charles Farley Trenerry, Agnes S. Paul, 1926
2
Marshall on the Law of Marine Insurance, Bottomry, and ...
Samuel Marshall, William Shee. Rasronnznrra The Court of Admiralty has jurisdiction over bonds of respondentia as over bott b d . £112 aovneszel carrying cargo is stranded on a foreign coast and unable to proceed, and communication with ...
Samuel Marshall, William Shee, 1861
3
Papers on maritime legislation: With a translation of the ...
When a bottomry bond is given on the ship without naming the freight, the latter is not considered as included. When, however, a bottomry bond on ship and cargo is given the freight is considered to be included in the same. A bottomry bond ...
Ernest Emil Wendt, 1871
4
The Shipmaster's Assistant, and Commercial Digest: ...
BOTTOMRY AND RESPONDENTIA. Bottomry is in the nature of a mortgage of a ship, when the owner or master borrows money to enable him to carry on the voyage, and pledges the keel, or bottom of the ship, as a security for the repayment ...
Joseph Blunt, 1837
5
The Development of the Principles of Insurance Law in the ...
4.32.5 Bottomry as a Hypothecation of Property Whereas the hypothecation of property was not an essential element of the maritime loan (although it was usually added to the agreement), bottomry in emergency without a hypothecation was a ...
J. P. Van Niekerk, 1998
6
The Edinburgh encyclopædia conducted by David Brewster, with ...
BOTTOMRY, (Lat. foenus nauticum, usura ma- ritima, contractus pecunia trajectitia,) in commercial and maritime law, is a species of marine contract, in the nature of a mortgage of a ship, whereby the own- erofa vessel, when he wants money ...
David Brewster, 1832
7
A System of the Law of Marine Insurances: With Three ...
With Three Chapters on Bottomry, on Insurances on Lives, on Insurances Against Fire James Allan Park. 556 C H A P. XXL LqY-i law' of th' Hanse Town', m. do. Hoburt, sf. Nay, 95. Molloysh-z. e. u. s. xx. M ollhy loc. c it. Ord. osLou. 14. drAva' r  ...
James Allan Park, 1809
8
A Supplement to Mr. Barton's Precedents in Conveyancing: ...
Bottomry. No. CXCV. A Bottomry Bond (1). Know all men, &c. [common form, as ante, (2).] Whereas the good ship or vessel called the of the burthen of tons, or thereabouts, whereof is master, is now about to sail on a voyage to (3) and back.
Samuel Francis Thomas Wilde, Charles Barton, 1826
9
The History of Lloyd's and of Marine Insurance in Great Britain
Whereas," says the first paragraph of the sixth chapter of the " Recessus " referred to, " there occur every day more deceptions as regards Bottomry, and there is not wanting even discovery of wicked crimes, it is ordered that henceforth masters ...
Frederick Martin, 1876
10
The Legal and Economic Basis of International Trade
SOME HISTORY It is thought that contracts of bottomry first originated in Babylonia some thousands of years before the Roman empire reached its peak.1 The Babylonians were not sea traders but developed extensive overland trade routes, ...
Grady Miller, 1996

7 NEWS ITEMS WHICH INCLUDE THE TERM «BOTTOMRY»

Find out what the national and international press are talking about and how the term bottomry is used in the context of the following news items.
1
The cooperative: So much potential
... allocation of agricultural inputs and implements, in rice distribution, and in the allocation of bottomry to ship cooperative goods and products. «BusinessWorld Online Edition, Jun 15»
2
Summer Herald Quiz: Words
inShare; submit to reddit · Email article · Print. Clunch, stook, bottomry – do you know the meanings to these words? «Sydney Morning Herald, Dec 14»
3
Ship arrests in practice
... salvage, bottomry and respondentia, master's wages and expenses and seafarers' wages. In addition, claims under the Admiralty Act include ... «Lexology, Jan 14»
4
Reeling Back In History To Understanding Marine Insurance …
The earliest account of insurance came in the form of 'bottomry', a monetary payment that protects traders from debt if merchandise is lost or ... «Mondaq News Alerts, Nov 12»
5
Maritime Lien In India
Till date, Indian courts have recognised maritime liens only in respect of damage, seamen's wages, salvage of property and bottomry and ... «Mondaq News Alerts, Nov 12»
6
Court rejects shipping agent's claim due to lack of jurisdiction
(4) The main categories of claims in respect of which Cyprus law recognises and upholds maritime liens are bottomry, salvage, wages, master's ... «International Law Office, Nov 12»
7
Quantum of stamp duty on bonds?
Bottomry Bond Same duty as Bond No.12. 14. Cancellation of Instruments The same duty as on the original instruments. 15. Certificate of sale ... «Legally India, Aug 10»

REFERENCE
« EDUCALINGO. Bottomry [online]. Available <https://educalingo.com/en/dic-en/bottomry>. Apr 2024 ».
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