faenus nauticum

noun

faenus nau·​ti·​cum
-ˈnȯtə̇kəm
Roman law
: interest paid on maritime loans to be repaid only when a ship and its cargo safely reach port

Word History

Etymology

Late Latin, literally, maritime interest

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Cite this Entry

“Faenus nauticum.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/faenus%20nauticum. Accessed 24 May. 2024.

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