a contract whereby the owner of a ship borrows money to enable the vessel to complete the voyage and pledges the ship as security for the loan
WordReference Random House Unabridged Dictionary of American English © 2025
bot•tom•ry
(bot′əm rē),USA pronunciation n., pl. -ries. Marine Law.
- Lawa 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.
- modeled on Dutch bodemerij, equivalent. to bodem bottom + -erij -ry 1615–25
Collins Concise English Dictionary © HarperCollins Publishers::
'bottomry' also found in these entries (note: many are not synonyms or translations):