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[bot-uh m-ree] /ˈbɒt əm ri/
noun, plural bottomries. Marine Law.
a contract, of the nature of a mortgage, by which the owner of a ship borrows money to make a voyage, pledging the ship as security.
Origin of bottomry
1615-25; modeled on Dutch bodemerij, equivalent to bodem bottom + -erij -ry Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for bottomry


noun (pl) -ries
(maritime law) 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
Word Origin
C16: from Dutch bodemerij, from bodembottom (hull of a ship) + -erij-ry
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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