Jettison

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JETTISON, or JETSAM. The casting out of a vessel, from necessity, a part of the lading; the thing cast out also bears the same name; it differs from flotsam in this, that in the latter the goods float, while in the former they sink, and remain under water; it differ; also from ligan. (q.v.)
     2. The jettison must be made for sufficient cause, and not from groundless timidity. In must be made in a case of extremity, when the ship is in danger of perishing by the fury of a storm, or is laboring upon rocks or shallows, or is closely pursued by pirates or enemies.
     3. If the residue of the cargo be saved by such sacrifice, the property saved is bound to pay a: proportion of, the loss. In ascertaining such average. loss, the goods lost and saved are both to be valued at the price they would have brought at the place of delivery, on the ship's arrival there, freight, duties and other charges being deducted. Marsh. Ins. 246; 3 Kent, Com. 185 to 187; Park. Ins., 123; Poth. Chartepartie, n. 108, et suiv; Boulay-Paty, Dr. Com. tit. 13; Pardessus, Dr. Com. n. 734; 1 Ware's R. 9.

References in periodicals archive ?
Although it is nice to have someone else confirm what you are doing, or to give you permission, you must be ready to cut off discussions and execute, even if it involves doing something--in my case, jettisoning stores--that you're not comfortable with.
That means jettisoning US$500 million worth of international assets--including those in Mexico.
Spear says the group is analyzing several possible causes, including an electric spark; a cosmic ray striking and altering a computer chip; and computer memory failures during the jettisoning of the rocket motor that put Magellan into its Venus orbit.
I turned right again to position for jettisoning the stores.
It is now pallid and pastel, flat-footed classroom classicism, the bland coloration of which doubtless derives in part from the jettisoning of the artistic counsel of painters such as Robert Rauschenberg, for the chic and prettier concepts of designers such as Mark Lancaster.
This breaks the molecular bonds, jettisoning positively charged pieces of the molecules.