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- A bottomry, or bottomage, is an arrangement in which the master of a ship borrows money upon the bottom or keel of it, so as to forfeit the ship itself to the creditor, if the money with interest is not paid at the time appointed at the ship's safe return.This occurs, for example, where the ship needs urgent repairs during the course of its voyage or some other emergency arises and it is not possible for the master to contact the owner to arrange funds, allowing the master to borrow money on the security of the ship or the cargo by executing a bond. Where the ship is hypothecated, the bond is called a bottomry bond. Where both the ship and its cargo are hypothecated, the relationship is called respondentia. Due to the bottomry bond's relatively low priority as against other liens in the event of a libel against the ship, the use of bottomry bonds declined greatly in the 19th century and the subject is today of interest only to legal historians. The Code of Hammurabi describes a form of bottomry which is a risk transferring technique. A bottomry would be taken, but the repayment would be contingent on the ship successfully completing the voyage. This is more like a catastrophe bond than traditional insurance. In traditional insurance, you pay premiums and receive a benefit on the risk event. With bottomry and catastrophe bonds, you receive a loan up front and only pay it back with a premium if the risk event doesn't occur.
- an serpentoid
- as prodentine
- do serpentina
- do serpentian
- dan interpose
- and interpose
- oda spinneret
- ado spinneret
- dao spinneret
- pad nestorine
- dap nestorine
- dar penistone
- rad penistone
- sad interpone
- sad pinnotere
- sad peritenon
- sad preintone
- das interpone
- das pinnotere
- das peritenon
- das preintone
- ean dripstone
- nae dripstone
- nea dripstone
- tad pensioner
- tad repension
- ear disponent
- are disponent
- era disponent
- rea disponent
- aer disponent
- no pedestrian
- on pedestrian
- or septenniad
- nan redeposit
- ann redeposit
- noa serpentid
- noa president
- ona serpentid
- ona president
- ped nestorian
- pan detersion
- pan desertion
- nap detersion
- nap desertion
- ran pentoside
- nar pentoside
- arn pentoside
- sao preintend
- ind esperanto
- ind personate
- nid esperanto
- nid personate
- din esperanto
- din personate
- spa internode
- asp internode
- sap internode
- pat nondesire
- tap nondesire
- apt nondesire
- rid pentosane
- sid nonrepeat
- dis nonrepeat
- nod sparteine
- nod pistareen
- don sparteine
- don pistareen
- sie ponderant
- pod sterninae
- dop sterninae
- pen dorstenia
- nep dorstenia
- sen predation
- ens predation
- pand torinese
- pand serotine
- pes rodentian
- sand ereption
- sand tropeine
- anne portside
- anne dipteros
- nane portside
- nane dipteros
- ino pasterned
- ion pasterned
- nip dorestane
- pin dorestane
- sard epitenon
- sadr epitenon
- sean dipteron
- sane dipteron
- anes dipteron
- sin predonate
- sin ponderate
- tane disponer
- etna disponer
- taen disponer
- neat disponer
- ante disponer
- tsine rope dan
- tsine rope and
- tsine rone pad
- tsine rone dap
- tsine rond pea
- tsine rond ape
- tsine ron peda
- tsine ron depa
- tsine roed pan
- tsine roed nap
- tsine roe pand
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- tsine rod pean
- tsine rod pane
- tsine rod nepa
- tsine rod neap
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- tsine rend poa
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- tsine redo nap
- tsine red paon
- tsine reap nod
- tsine reap don
- tsine read pon
- tsine rea pond
- tsine rape nod
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- tsine rane pod
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- tsine rand poe
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- tsine ran dope
- tsine rad pone
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- tsine rad open
- tsine rad nope
- tsine prod nea
- tsine prod nae
- tsine prod ean
- tsine proa ned
- tsine proa end
- tsine proa den
- tsine pro edna
- tsine pro dean
- tsine pro dane
- tsine pro ande
- tsine prad one
- tsine prad neo
- tsine prad eon
- tsine pored an
- tsine pore dan
- tsine pore and
- tsine pone dar
- tsine pond era
- tsine pond ear
- tsine pond are
- tsine pond aer
- tsine pon dear
- tsine pon dare
- tsine pon daer
- tsine pon ared
- tsine poe nard
- tsine poe darn
- tsine pod earn
- tsine pod arne
- tsine poa dern
- tsine pern oda
- tsine pern dao
- tsine pern ado
- tsine peon dar
- tsine penda or
- tsine pend ora
- tsine pend oar
- tsine pend aro
- tsine pen orad
- tsine pen dora
- tsine pedro an
- tsine peda nor
- tsine ped orna
- tsine ped nora
- tsine pear nod
- tsine pear don
- tsine pean dor
- tsine pea dorn
- tsine paren do
- tsine pare nod
- tsine pare don
- tsine pard one
- tsine pard neo
- tsine pard eon
- tsine par node
- tsine par done
- tsine paon erd
- tsine paned or
- tsine pane dor
Translation
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Citation
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"respondentia." Anagrams.net. STANDS4 LLC, 2024. Web. 16 May 2024. <https://www.anagrams.net/respondentia>.
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