maritime hypothecation

maritime hypothecation
See bottomry; respondentia.

Ballentine's law dictionary. . 1998.

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  • maritime hypothecation — noun see maritime hypothec …   Useful english dictionary

  • hypothecation — A Roman law name for a pawn or pledge wherein the feigned pledge remained in the possession of the pledgor. 41 Am J1st Pldg & Col § 2. A contract whereby, without change of possession, specific property is designated as security for the payment… …   Ballentine's law dictionary

  • maritime hypothec — noun also maritime hypothecation : maritime lien …   Useful english dictionary

  • hypothecation — 1) An authority given to a banker, usually as a letter of hypothecation, to enable the bank to sell goods that have been pledged to them as security for a loan. It applies when the bank is unable to obtain the goods themselves. The goods have… …   Accounting dictionary

  • hypothecation — 1) An authority given to a banker, usually as a letter of hypothecation, to enable the bank to sell goods that have been pledged (see pledge) to them as security for a loan. It applies when the bank is unable to obtain the goods themselves. The… …   Big dictionary of business and management

  • hypothecation — hə̇ˌpäthəˈkāshən, (ˌ)hīˌ noun ( s) Etymology: Medieval Latin hypothecation , hypothecatio, from hypothecatus (past participle) + Latin ion , io ion 1. Roman, civil, & maritime law : the act or contract by which property (as real property) is… …   Useful english dictionary

  • respondentia bond — A maritime hypothecation, technically of cargo, but sometimes covering both ship and cargo, given ordinarily in a foreign port by the master of a vessel by way of security for advances made to supply the necessities of the ship. O Brien v Miller …   Ballentine's law dictionary

  • Security interest — A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain… …   Wikipedia

  • Italy — • In ancient times Italy had several other names: it was called Saturnia, in honour of Saturn; Enotria, wine producing land; Ausonia, land of the Ausonians; Hesperia, land to the west (of Greece); Tyrrhenia, etc. The name Italy, which seems to… …   Catholic encyclopedia

  • Lien — For other uses, see Lien (disambiguation). Property law …   Wikipedia

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