Sea Term - Law Dictionary Search Results
Exchange
payments, adventures, assurances, freights, and other mercantile negotiations, both by sea and land. Also used to designate that species of mercantile … the value of the currency of one country in the terms of another. Par of Exchange. The par of the currency
Penal Servitude
Act, 1853, has superseded transportation (see that title) beyond the seas; but is in all respects as to hard labour, etc., … Criminal Law Consolidation Act of 1861 frequently authorise a minimum term of three years' penal servitude. This minimum of three years
Contract of marine insurance
against any land risk which may be incidental to a sea voyage, and it may also cover a ship in the … Contract of marine insurance, may, by its express terms or by trade usage, be extended so as to protect
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Seaworthy
Seaworthy, a term applied to a ship, indicating that she is,
Fee
there must be actual quid pro quo has undergone a sea change with the passage of time. Correlationship between the levy … 1925, s. 1, a fee-simple absolute in possession and a term of years absolute are the only estates in land capable
contract
a standardized form prepared by the dominant party contract under seal : a contract that does not require consideration in order … specific amount of interest at the end of the contract term ;also : such a contract considered as an investment [purchased
Charter-party
ship, an undertaking by the ship-owner that the ship, being seaworthy and furnished with necessaries, shall be ready by a certain … the merchant, who is called the charter. There are certain terms usually to be found in all charter-parties, e.g., a statement
Average
LOSS,' and consult Arnould's Marine Insurance and Carver's Carriage by Sea. (3) Also a small duty paid to masters of ships, … doing work with his avers. (2) A shipping or insurance term. (a) Average, or more fully general average, is where any
Abandonment
insured has, by some of the usual perils of the sea, become practically valueless. Upon abandonment, the assured is entitled to … contracts of the sale of land, courts sometimes use the term abandonment as if it were synonymous with rescission, but the
man eating shark
shark Carcharodon carcharias a large aggressive shark widespread in warm seas … A term applied to sharks that attack humans especially the great white
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