Law Dictionary


noun bot·tom·ry \ˈbä-təm-rē\

Legal Definition of bottomry

  1. :  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

Origin and Etymology of bottomry

alteration of earlier bottomary, modification of Dutch bodemerij, from bodem bottom, hull, ship

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Seen and Heard

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a rounded knoll or a ridge of ice

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