society > law > legal obligation > bond or recognizance > requiring or giving legal security > [noun] > legal security > mortgage > on a ship (3)
The action or practice of pledging a ship, its cargo, etc., as security for money lent.
The action or practice of pledging a ship, its cargo, etc., as security for money lent; = bottomry, n.
The action or practice of pledging a ship, its cargo, etc., as security for money lent; = bottomry, n.