respondentia

noun
re·​spon·​den·​tia | \ ˌrē-ˌspän-ˈden-chē-ə\

Legal Definition of respondentia

: a loan secured by the goods on one's ship — compare bottomry

History and Etymology for respondentia

New Latin, from Latin respondent- respondens, present participle of respondere to answer, correspond; from the fact that the loan is only a personal obligation on the part of the borrower who must “answer” for the money

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