hypothecation of a vessel

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Hypothecation — Hy*poth e*ca tion, n. [LL. hypothecatio.] 1. (Civ. Law) The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price… … The Collaborative International Dictionary of English
Lien — For other uses, see Lien (disambiguation). Property law … Wikipedia
respondentia — /respondensh(iy)a/ The hypothecation of the cargo or goods on board a ship as security for the repayment of a loan, the term bottomry being confined to hypothecations of the ship herself; but now the term respondentia is seldom used, and the… … Black's law dictionary
respondentia bond — A maritime hypothecation, technically of cargo, but sometimes covering both ship and cargo, given ordinarily in a foreign port by the master of a vessel by way of security for advances made to supply the necessities of the ship. O Brien v Miller … Ballentine's law dictionary

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