Maritime loan


Also found in: Legal.
a loan secured by bottomry or respodentia bonds.

See also: Maritime

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive ?
that in a contract of maritime loan the lender took the maritime
protection of borrowers from the risks of maritime loans ("Whether
Global Banking News-April 4, 2012--Commerzbank expected to make losses from maritime loan portfolio(C)2012 ENPublishing - http://www.enpublishing.co.uk
Commerzbank (PINK:CRZBY) is expected to make losses from its maritime loan portfolio as higher fuel costs and slumping freight rates are expected to affect shipping companies.
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