Marine interest
MARINE INTEREST, contracts. A compensation paid for the use and risk of
money loaned on respondentia and bottomry; provided the money be loaned and
put in risk, there is no limit as to the amount which may be lawfully
charged by the lender. 2 Marsh. Ins. 749; Hall on Mar. Loans; Pothier, Pret
a. la Grosse, n. 19; 1 Stuart's (L. C.) R. 130.
A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
Copyright © 2003-2025 Farlex, Inc
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.