admiralty bond


Definition of admiralty bond

: a bond furnished by vessel or cargo owners in admiralty proceedings as security for the payment of legal claims to other vessel or cargo owners

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First Known Use of admiralty bond

1826, in the meaning defined above

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The first known use of admiralty bond was in 1826

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Dictionary Entries Near admiralty bond


admiralty bond

admiralty brass

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Cite this Entry

“Admiralty bond.” Dictionary, Merriam-Webster, Accessed 10 Aug. 2022.

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