abstract:A bottomry, or bottomage, is an arrangement in which the master of a ship borrows money upon the bottom or keel of it, so as to forfeit the ship itself to the creditor, if the money with interest is not paid at the time appointed at the ship's safe return.
N
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 船舶抵押契约
[maritime law]