Definitions for bottomry

bottomry bot·tom·ry

Spelling: [bot-uh m-ree]
IPA: /ˈbɒt əm ri/

Bottomry is a 8 letter English word. It's valid Scrabble word worth 15 points. It's valid Words with friends word worth 16 points.

You can make 130 anagrams from letters in bottomry (bmoortty).

Definitions for bottomry

noun

  1. a contract, of the nature of a mortgage, by which the owner of a ship borrows money to make a voyage, pledging the ship as security.

Origin of bottomry

1615-25; modeled on Dutch bodemerij, equivalent to bodem bottom + -erij -ry

Examples for bottomry

The bottomry contract in Denmark, Sweden, and the north of Germany.

Money advanced on bottomry is not liable in England for general average losses.

Would you have men oratorical over a bottomry bond, Demosthenic about an action of trespass on the case, or a rule to compute?

The rate of interest was high, usually 12%; and in trading and bottomry the returns were much higher.

Loans of this character have ever since been common in maritime lands, under the name of bottomry and respondentia bonds.

A bottomry bond gives no remedy to the lenders against the owners of the ship or cargo personally.

Amongst these in all cases are found claims for salvage, wages, bottomry under certain restrictions, and necessaries.

Word Value for bottomry
Scrable

15

Words with friends

16

Similar words for bottomry
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