Maritime loan

Maritime loan
Maritime Mar"i*time (m[a^]r"[i^]*t[imac]m, formerly m[a^]r"[i^]*t[i^]m; 277), a. [L. maritimus, fr. mare the sea: cf. F. maritime. See {Mere} a pool.] 1. Bordering on, or situated near, the ocean; connected with the sea by site, interest, or power; having shipping and commerce or a navy; as, maritime states. ``A maritime town.'' --Addison. [1913 Webster +PJC]

2. Of or pertaining to the ocean; marine; pertaining to navigation and naval affairs, or to shipping and commerce by sea. ``Maritime service.'' --Sir H. Wotton. [1913 Webster]

{Maritime law}. See {Law}.

{Maritime loan}, a loan secured by bottomry or respodentia bonds.

{Martime nations}, nations having seaports, and using the sea more or less for war or commerce. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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Look at other dictionaries:

  • maritime loan — noun : a loan or advance enforceable in a court of admiralty jurisdiction: as a. : one giving rise to a maritime lien b. : one secured by a bottomry or respondentia bond …   Useful english dictionary

  • maritime loan — A loan wherein the lender loses all the money lent in the event of the total loss of the security, or pro rata in the event of a partial loss. See bottomry; respondentia …   Ballentine's law dictionary

  • Maritime — Mar i*time (m[a^]r [i^]*t[imac]m, formerly m[a^]r [i^]*t[i^]m; 277), a. [L. maritimus, fr. mare the sea: cf. F. maritime. See {Mere} a pool.] 1. Bordering on, or situated near, the ocean; connected with the sea by site, interest, or power; having …   The Collaborative International Dictionary of English

  • Maritime law — Maritime Mar i*time (m[a^]r [i^]*t[imac]m, formerly m[a^]r [i^]*t[i^]m; 277), a. [L. maritimus, fr. mare the sea: cf. F. maritime. See {Mere} a pool.] 1. Bordering on, or situated near, the ocean; connected with the sea by site, interest, or… …   The Collaborative International Dictionary of English

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  • maritime — Pertaining to navigable waters, i.e. to the sea, ocean, great lakes, navigable rivers, or the navigation or commerce thereof. All work occurring on navigable waters is maritime within meaning of Longshore and Harbor Workers Compensation Act. St.… …   Black's law dictionary

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