Use "bottomry interest" in a sentence
1. Upon a loan, only legal interest can be received; but upon Bottomry any interest may be legally reserved which the parties agree upon.
2. [home, info] Bottomry: Infoplease Dictionary [home, info] Bottomry: Dictionary.com [home, info] Bottomry: Wikipedia, the Free Encyclopedia [home, info] Bottomry: Online Plain Text English Dictionary [home, info] Bottomry: Webster's Revised Unabridged, 1913 Edition [home, info]
3. Bottomry BOND The instrument embodying the contract or agreement of Bottomry
4. Bottomry is also called bottomage.
5. Bottomries meaning Plural form of bottomry.
6. Definition of Bottomry in the Definitions.net dictionary
7. What does Bottomry mean? Information and translations of Bottomry in the most comprehensive dictionary definitions resource on the web.
8. Bottomry: Webster's New World College Dictionary, 4th Ed
9. Definition of Bottomry-bond in the Definitions.net dictionary
10. Bottomry differs materially from a simple loan
11. Bottomries; bottomry; Two Letter Pairs in bottom
12. What does Bottomry-bond mean? Information and translations of Bottomry-bond in the most comprehensive dictionary definitions resource on the web.
13. Bottomry - WordReference English dictionary, questions, discussion and forums
14. The instrument embodying the contract or agreement of Bottomry
15. It differs from Bottomry principally in the following circumstances: Bottomry is a loan on the ship, respondentia on the goods; the money is to be repaid to the lender, with maritime interest, in the one case upon the arrival of the ship, and of the goods in the other
16. Bottomry Bonds in the Seventeenth-Century Admiralty Court by GEORGE F
17. Bottomry is an ancient and largely archaic form of maritime lien
18. Bottomry finances the ship's ability to transport cargo for one or more clients
19. So-called Bottomry contracts were known to merchants of Babylon as early as 4000–3000 bce. Bottomry was also practiced by the Hindus in 600 bce and was well understood in …
20. Definition - What does Bottomry mean? Bottomry is a credit situation, rarely used today, in which the owner of a ship or its captain obtains a loan with the ship as the collateral
21. Bottomry bond is the contract for the loan of money on a ship
22. (5) Early policies on hull and cargo were in the form of Bottomry and respondentia
23. The captain of a ship obtains a loan on Bottomry at the shipowner’s expense
24. Bottomry Law and Legal Definition In Maritime Law, Bottomry is a contract in which a ship owner mortgages the ship’s bottom or keel as a security for the money borrowed to finance a voyage
25. But in Bottomry, the money is at the risk of the lender during the voyage
26. Bot·tom·ry \ ˈbä-təm-rē \ Legal Definition of Bottomry : a contract under which the owner of a ship pledges the ship as collateral for a loan to finance a journey money lent on Bottomry for…equipping …
27. A Bottomry bond is usually executed for maritime risks encountered during a certain period or for a certain voyage
28. Bottomry in the civil law of bourgeois states, a loan agreement on pledge of a vessel and its cargo
29. 2) Accrue interest receivable and recognize interest revenue Accrue interest receivable and recognize interest revenue
30. Bottomry translation in English - Spanish Reverso dictionary, see also 'bottom',bottoms',bottom gear',bottom price', examples, definition, conjugation
31. Interest receivable and accrued interest
32. Compound interest Compound interest is the interest calculated on the capital and on the accumulated interest.
33. ‘That the Bottomry bond of 27th October, 1796, was given for monies long before advanced, and to be advanced, and not for necessaries advanced upon the credit of this security on the ship.’ ‘I wrote a history of insurance and Bottomry was one of the terms.’
34. There are two ways of calculating interest : simple interest and compound interest .
35. Using simple interest year - on - year, non - compound interest, overdue interest bearing another.
36. As nouns the difference between respondentia and Bottomry is that respondentia is (legalcommercial law) a loan upon goods laden on board a ship while Bottomry is (nautical) an early form of maritime contract in which owner of a ship could borrow money using the ship as collateral.
37. The contract is generally called a "Bottomry bond." If the loan is not paid back, the lender can sell the
38. Compounding works by paying interest on interest .
39. Accrued interest income and interest receivable | 13 783 |
40. Accrued interest income and interest receivable | 11 176 |
41. Interest is recorded in line with the accrual principle, i.e. as accrued interest (not as interest paid
42. High interest.
43. Interest is recorded in line with the accrual principle, i.e. as accrued interest (not as interest paid).
44. Whereas Bottomry is (nautical) an early form of maritime contract in which owner of a ship could borrow money using the ship as collateral.
45. Accrued interest
46. It's important to distinguish between compound interest and simple interest .
47. Fees and interest received or paid are recorded as interest income or interest expense, on an accrual basis.
48. Capitalized interest is interest that's added to a loan balance
49. 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.
50. And during harvest, put it back with interest, food interest.
51. Bottomry definition: a contract whereby the owner of a ship borrows money to enable the vessel to complete the Meaning, pronunciation, translations and examples
52. Interest accrued on interest bearing accounts not added to individual accounts
53. The accrued interest income is composed of interest accruals on investments.
54. Bottomry, referring to the ship's bottom or keel, is a maritime transaction, where the owner of a vessel borrows money and uses the ship itself …
55. Compound Interest Interest which is calculated on the initial principal as well as the accumulated interest of prior periods.
56. There is an important distinction between compound interest and simple interest.
57. This total interest amount will include the Accrued interest that is
58. Accrued interest payable
59. We will first explain the distinction between compound interest and simple interest.
60. Accumulated equity interest (%)
61. Accumulated equity interest [%]
62. Accrued interest receivable
63. 10% simple interest.
64. The interest rate must be representative of the interest rates actually paid.
65. Simple Interest An interest calculation based only on an original principal amount.
66. The interest rate must be representative of the interest rates actually paid
67. Noun (wikipedia bottomry) (Bottomries) (nautical) An early form of maritime contract in which owner of a ship could borrow money using the ship as collateral
68. The true definition of a Bottomry… RESPONDENTIA The hypothecation of the cargo or goods on board a ship as security for the… MARINE INSURANCE contracts
69. Bottomry Bottomry n [alteration of earlier bottomary, modification of Dutch bodemerij, from bodem bottom, hull, ship]: a contract under which the owner of a ship pledges the ship as collateral for a loan to finance a journey [money lent on for…equipping the vessel "Louisiana Civil Code"] compare respondentia Source: Merriam-Webster's Dictionary of Law ©1996.
70. Definition of Bottomry A bond entered into by the owner of a ship or his agent, whereby, in consideration of a sum of money advanced for the use of the ship, the borrower undertakes to repay the same with interest if the ship terminate her voyage successfully, the debt being lost in case of […]
71. This heading includes interest receivable, mainly accrued interest on loans, investments and swaps.
72. On Compound Interest Bonds, accrued interest is compounded automatically after the first year.
73. If interest rates increase, the impact of the interest-free cash advance magnifies.
74. Prepaid expenditure and accrued interest paid (i.e. accrued interest purchased with a security)
75. If you do not pay on time, compound interest will be charged interest.
76. Accrual of Interest Allowed
77. INTEREST AROUSED BY ADVERTISEMENTS
78. Accrued interest and rent.
79. Renewed Interest in Religion
80. Continuously compounded interest is the mathematical limit of the general compound interest formula with the interest compounded an infinitely many times each year