Definition of Respondentia. Meaning of Respondentia. Synonyms of Respondentia

Here you will find one or more explanations in English for the word Respondentia. Also in the bottom left of the page several parts of wikipedia pages related to the word Respondentia and, of course, Respondentia synonyms and on the right images related to the word Respondentia.

Definition of Respondentia

Respondentia
Respondentia Re`spon*den"ti*a (r?`sp?n*d?n"sh?*?), n. [NL. See Respondence.] (Commercial Law) A loan upon goods laden on board a ship. It differs from bottomry, which is a loan on the ship itself. --Bouvier.

Meaning of Respondentia from wikipedia

- the ship and its cargo are hypothecated, the relationship is called respondentia. Due to the bottomry bond's relatively low priority as against other...
- which distinguishes between conventional hypothecs, as bottomry and respondentia, and tacit hypothecs established by law. Of the latter the most important...
- ever since been common in maritime lands under the name of bottomry and respondentia bonds. The direct insurance of sea-risks for a premium paid independently...
- partnership with Henry Beesley, and in 1772 set up the shipping company Respondentia, with Thomas and Nathaniel Jefferys. A thousand-pound investment in this...