bottomryn.

Brit.

/ˈbɒtəmri/, U.S.

/ˈbɑdəmri/

Forms:

α. 1500s bottomrie, 1600s bottemere, 1600s bottomaryne, 1600s bottommarie, 1600s bottommary, 1600s bottomrey, 1600s–1800s bottomery, 1700s bottomrea, 1700s bottomree, 1700s– bottomry; also Scottish pre-1700 bothomerie.

β. 1600s bodomery; also Scottish pre-1700 boddomrie.

Origin: Perhaps of multiple origins. Partly formed within English, by derivation; perhaps modelled on a Dutch lexical item, or perhaps modelled on a Middle Low German lexical item. Partly either (i) a borrowing from Dutch. Or (ii) a borrowing from Middle Low German. Etymons: bottom n., -ry suffix; Dutch bodemerij; Middle Low German bōdemerīe.

Etymology: Partly (in α. forms) (i) < bottom n. (compare bottom n. 4b) + -ry suffix, after Dutch bodemerij or Middle Low German bōdemerīe, boddemerīe (see below), and partly (in β. forms) < (ii) Dutch bodemerij, bodemarij (early 16th cent.), or its etymon (iii) Middle Low German bōdemerīe, boddemerīe < bōdemen , boddemen to borrow money using a ship and its cargo as security (1418 or earlier; < bōdem , bōdeme , boddem bottom, bottom of a ship, ship: see bottom n.) + -erīe -ery suffix. Compare German Bodmerei (1608 or earlier as †Bodmerey ), Danish bodmeri (1728), Swedish bodmeri (1631), all < Middle Dutch or Middle Low German. Compare later bummery n.¹With variation in the ending, compare -ery suffix, -ary suffix¹. In the form bottomaryne at α. forms perhaps reflecting association with marine n. or marine adj.

The action or practice of pledging a ship, its cargo, etc., as security for money lent.A contract similar to a mortgage is drawn up, whereby the owner of a ship, or the master acting as an agent, borrows money to allow the continuation or completion of a voyage. Under the terms of the agreement, if the ship is lost, the lender receives nothing, but if it arrives safe, the principal together with the interest or premium stipulated is paid.

ΘΚΠ

society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage > on a ship

bottomry1593

bummery1661

bottomage1676

1593 in R. G. Marsden Sel. Pleas Court Admiralty (1897) II. 176 Billas mercatorias Anglice billes of bottomrie.

1622 G. de Malynes Consuetudo 171 The name Bottommarie is deriued by the Hollanders from the Keele or Bottome of a ship..The money so taken vp by the master of the ship, is commonly done vpon great necessitie..the vse payed for the same is verie great, at 30, 40, and 50 pro cent. without consideration of time.

1663 S. Pepys Diary 30 Nov. (1971) IV. 401 A Maister of a ship, who had borrowed twice his money upon Bottomaryne.

1682 J. Scarlett Stile of Exchanges xxxvii. 253 Amongst conditional Bills, Bills of Bodomery may be reckoned, that is, Bills that are made upon the Keele of the Ship, which are accidentially conditional.

1708 Rastell's Termes de la Ley (new ed.) 86 Bottomry.

1742 S. Johnson Deb. Senate Lilliput in Gentleman's Mag. Jan. 8 It is a common Practice to take Money upon Bottomree.

1842 J. A. Park Law Marine Insur. II. xxii. 869 In this consists the difference between bottomry and respondentia, that the one is a loan upon the ship, the other upon the goods.

1848 J. Arnould Law Marine Insurance I. i. ix. 206 The lender on bottomry advances money to the borrower on condition, that if the ship perishes the borrower is to pay him nothing, [etc.].

a1911 C. F. Trenerry Origin & Early Hist. Insurance (1926) 7 The origin of the Greek contract of Bottomry is a matter of conjecture, but it was probably due to the Babylonian practice referred to above.

2001 Lloyd's List (Nexis) 12 Dec. 6 The only maritime liens recognised by South African law are claims for damage done by a ship, salvage, seamen's or masters' wages and disbursements, bottomry and respondentia.

Compounds

General attributive, as bottomry bond, bottomry money, etc.

ΚΠ

1748 B. Robins & R. Walter Voy. round World by Anson i. i. 9 The remaining [£] 5000 they raised on bottomry bonds.

1755 N. Magens Ess. Insurances I. 26 We have no fixed Laws..in England, for settling partial losses on Bottomry-Monies.

1846 A. Young Naut. Dict. 43 A high rate of interest, termed Maritime Interest, or Bottomry Premium, being charged.

1866 D. Maclachlan Arnould's Marine Insur. II. iii. vi. 875 The bottomry lender, who had become his creditor by the effect of this entire subrogation.

1926 Q. Jrnl. Econ. 40 527 The modern respondentia bond differs from the bottomry bond only in the fact that the cargo of the ship is security for the loan, instead of the ship itself.

2007 N. Carolina Lawyers Weekly (Nexis) 5 Nov. Within admiralty jurisdiction... Proceedings to foreclose a preferred ship's mortgage (statutory), or to enforce bottomry or respondentia bonds.

This entry has been updated (OED Third Edition, June 2016; most recently modified version published online December 2021).

单词	bottomry
释义	bottomryn. Brit. /ˈbɒtəmri/, U.S. /ˈbɑdəmri/ Forms: α. 1500s bottomrie, 1600s bottemere, 1600s bottomaryne, 1600s bottommarie, 1600s bottommary, 1600s bottomrey, 1600s–1800s bottomery, 1700s bottomrea, 1700s bottomree, 1700s– bottomry; also Scottish pre-1700 bothomerie. β. 1600s bodomery; also Scottish pre-1700 boddomrie. Origin: Perhaps of multiple origins. Partly formed within English, by derivation; perhaps modelled on a Dutch lexical item, or perhaps modelled on a Middle Low German lexical item. Partly either (i) a borrowing from Dutch. Or (ii) a borrowing from Middle Low German. Etymons: bottom n., -ry suffix; Dutch bodemerij; Middle Low German bōdemerīe. Etymology: Partly (in α. forms) (i) < bottom n. (compare bottom n. 4b) + -ry suffix, after Dutch bodemerij or Middle Low German bōdemerīe, boddemerīe (see below), and partly (in β. forms) < (ii) Dutch bodemerij, bodemarij (early 16th cent.), or its etymon (iii) Middle Low German bōdemerīe, boddemerīe < bōdemen , boddemen to borrow money using a ship and its cargo as security (1418 or earlier; < bōdem , bōdeme , boddem bottom, bottom of a ship, ship: see bottom n.) + -erīe -ery suffix. Compare German Bodmerei (1608 or earlier as †Bodmerey ), Danish bodmeri (1728), Swedish bodmeri (1631), all < Middle Dutch or Middle Low German. Compare later bummery n.¹With variation in the ending, compare -ery suffix, -ary suffix¹. In the form bottomaryne at α. forms perhaps reflecting association with marine n. or marine adj. The action or practice of pledging a ship, its cargo, etc., as security for money lent.A contract similar to a mortgage is drawn up, whereby the owner of a ship, or the master acting as an agent, borrows money to allow the continuation or completion of a voyage. Under the terms of the agreement, if the ship is lost, the lender receives nothing, but if it arrives safe, the principal together with the interest or premium stipulated is paid. ΘΚΠ society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage > on a ship bottomry1593 bummery1661 bottomage1676 1593 in R. G. Marsden Sel. Pleas Court Admiralty (1897) II. 176 Billas mercatorias Anglice billes of bottomrie. 1622 G. de Malynes Consuetudo 171 The name Bottommarie is deriued by the Hollanders from the Keele or Bottome of a ship..The money so taken vp by the master of the ship, is commonly done vpon great necessitie..the vse payed for the same is verie great, at 30, 40, and 50 pro cent. without consideration of time. 1663 S. Pepys Diary 30 Nov. (1971) IV. 401 A Maister of a ship, who had borrowed twice his money upon Bottomaryne. 1682 J. Scarlett Stile of Exchanges xxxvii. 253 Amongst conditional Bills, Bills of Bodomery may be reckoned, that is, Bills that are made upon the Keele of the Ship, which are accidentially conditional. 1708 Rastell's Termes de la Ley (new ed.) 86 Bottomry. 1742 S. Johnson Deb. Senate Lilliput in Gentleman's Mag. Jan. 8 It is a common Practice to take Money upon Bottomree. 1842 J. A. Park Law Marine Insur. II. xxii. 869 In this consists the difference between bottomry and respondentia, that the one is a loan upon the ship, the other upon the goods. 1848 J. Arnould Law Marine Insurance I. i. ix. 206 The lender on bottomry advances money to the borrower on condition, that if the ship perishes the borrower is to pay him nothing, [etc.]. a1911 C. F. Trenerry Origin & Early Hist. Insurance (1926) 7 The origin of the Greek contract of Bottomry is a matter of conjecture, but it was probably due to the Babylonian practice referred to above. 2001 Lloyd's List (Nexis) 12 Dec. 6 The only maritime liens recognised by South African law are claims for damage done by a ship, salvage, seamen's or masters' wages and disbursements, bottomry and respondentia. Compounds General attributive, as bottomry bond, bottomry money, etc. ΚΠ 1748 B. Robins & R. Walter Voy. round World by Anson i. i. 9 The remaining [£] 5000 they raised on bottomry bonds. 1755 N. Magens Ess. Insurances I. 26 We have no fixed Laws..in England, for settling partial losses on Bottomry-Monies. 1846 A. Young Naut. Dict. 43 A high rate of interest, termed Maritime Interest, or Bottomry Premium, being charged. 1866 D. Maclachlan Arnould's Marine Insur. II. iii. vi. 875 The bottomry lender, who had become his creditor by the effect of this entire subrogation. 1926 Q. Jrnl. Econ. 40 527 The modern respondentia bond differs from the bottomry bond only in the fact that the cargo of the ship is security for the loan, instead of the ship itself. 2007 N. Carolina Lawyers Weekly (Nexis) 5 Nov. Within admiralty jurisdiction... Proceedings to foreclose a preferred ship's mortgage (statutory), or to enforce bottomry or respondentia bonds. This entry has been updated (OED Third Edition, June 2016; most recently modified version published online December 2021). † bottomryv. Origin: Formed within English, by conversion. Etymon: bottomry n. Etymology: < bottomry n. N.E.D. (1887) gives the pronunciation as (bǫ·təmri) /ˈbɒtəmrɪ/. Obsolete. transitive. To pledge (a ship, its cargo, etc.) as security for money lent. See bottomry n. ΘΚΠ society > law > legal obligation > bond or recognizance > requiring or giving legal security > legal security [verb (transitive)] > mortgage > mortgage a ship bottomry1755 1755 N. Magens Ess. Insurances I. 26 A Master cannot bottomry his whole Ship at a place where her Owners reside. 1848 J. Arnould Law Marine Insurance II. iii. viii. 1075 The repairs abroad for which his ship was bottomried had been done by strangers. 1919 N. L. Savay Princ. Foreign Trade xxxvi. 297 When a damaged vessel has been repaired and is bottomried for the expense of the repairs, the owner cannot recover without abandonment. This entry has been updated (OED Third Edition, June 2016; most recently modified version published online September 2018). < n.1593v.1755
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bottomryn.

Compounds

† bottomryv.