bottomries

Here is the meaning of the word, bottomries

This word is in the TWL06 Dictionary 14
This word is in the SOWPODS Dictionary 14

Bottomry(n.) A contract in the nature of a mortgage, by which the owner of a ship, or the master as his agent, hypothecates and binds the ship (and sometimes the accruing freight) as security for the repayment of money advanced or lent for the use of the ship, if she terminates her voyage successfully. If the ship is lost by perils of the sea, the lender loses the money; but if the ship arrives safe, he is to receive the money lent, with the interest or premium stipulated, although it may, and usually does, exceed the legal rate of interest. See Hypothecation.

Words within bottomries

9 letter words: 4 results
biostrome
bottomers
broomiest
strombite
8 letter words: 16 results
bimotors
boomiest
boomster
bortiest
bosomier
bottomer
mooriest
motorise
motorist
omitters
ribosome
robotise
robotism
roomiest
rootiest
tortoise
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