What's Trending Now
More Trending Words
Law Dictionary
bottomry
noun
bot·tom·ry
\ˈbä-təm-rē\
Legal Definition of bottomry
: a contract under which the owner of a ship pledges the ship as collateral for a loan to finance a journey money lent on bottomry for…equipping the vessel — Louisiana Civil Code — compare respondentia
From the M-W Editors
Origin and Etymology of bottomry
alteration of earlier bottomary, modification of Dutch bodemerij, from bodem bottom, hull, ship
Learn More about bottomry
-
Dictionary: Definition of bottomry
Seen and Heard
What made you want to look up bottomry? Please tell us where you read or heard it (including the quote, if possible).
Writing? Check your grammar now!