bottomry bond

简明释义

船舶抵押契约

英英释义

例句

1.The shipowner secured a bottomry bond to finance the repairs after the vessel was damaged at sea.

船东通过底押债券来融资，以支付船只在海上受损后的修理费用。

2.If the ship is lost, the lender cannot claim repayment on the bottomry bond.

如果船只失踪，贷方无法要求偿还底押债券。

3.The terms of the bottomry bond were carefully negotiated to protect both parties involved.

对底押债券的条款进行了仔细谈判，以保护双方的权益。

4.In maritime law, a bottomry bond is a loan agreement where the ship itself serves as collateral.

在海事法中，底押债券是一种贷款协议，船只本身作为抵押品。

5.The investor agreed to fund the voyage under a bottomry bond, expecting to receive interest upon the ship's return.

投资者同意根据底押债券资助航程，期待在船只返回时获得利息。

作文

In the world of maritime trade, various financial instruments exist to facilitate the movement of goods across the seas. One such instrument is the bottomry bond, a type of loan specifically designed for shipowners. This financial agreement allows shipowners to borrow money using their vessel as collateral, which is crucial for funding voyages, especially in times of need. The bottomry bond is unique because it is secured by the ship itself and only becomes payable if the ship successfully completes its voyage. If the ship is lost or damaged, the lender bears the risk, making this a high-risk but potentially rewarding investment for lenders.The concept of a bottomry bond dates back centuries, with roots in ancient maritime law. Historically, it was essential for shipowners to have access to funds to repair or equip their vessels. The bottomry bond provided a solution, allowing them to secure necessary financing without having to sell their ships or cargo. This arrangement was particularly beneficial during periods of economic instability when traditional loans might be harder to come by.However, the bottomry bond is not without its complexities. The terms of such agreements can vary significantly, including interest rates and repayment conditions. Lenders must carefully assess the risks involved, including the condition of the vessel and the nature of the voyage. Additionally, the legal framework surrounding bottomry bonds can differ from one jurisdiction to another, adding another layer of complexity to these transactions.In modern times, while the use of bottomry bonds has diminished with the advent of more sophisticated financing options, they still hold historical significance. Understanding how bottomry bonds function provides insight into the evolution of maritime finance and the ways in which shipowners have navigated financial challenges throughout history. Moreover, studying these instruments sheds light on the broader principles of risk and reward that are fundamental to all types of investments.In conclusion, the bottomry bond represents a fascinating intersection of maritime law, finance, and risk management. It illustrates how shipowners have historically sought innovative solutions to secure funding for their ventures, emphasizing the importance of adaptability in the face of financial pressures. As we continue to explore the intricacies of maritime trade and finance, the legacy of the bottomry bond serves as a reminder of the enduring relationship between commerce and the sea. Understanding this financial instrument not only enriches our knowledge of maritime history but also enhances our appreciation for the complexities of global trade today.

在海洋贸易的世界中，存在各种金融工具以促进货物跨海运输。其中一种工具是底押契约，这是一种专门为船东设计的贷款类型。这种金融协议允许船东以他们的船只作为抵押借款，这对于资助航行尤其重要，特别是在需要的时候。底押契约的独特之处在于它以船只本身作为担保，只有在船只成功完成航行后才需偿还。如果船只遭遇损失或受损，贷方承担风险，因此这对贷方来说是一项高风险但潜在回报丰厚的投资。底押契约的概念可以追溯到几个世纪以前，起源于古代海事法。历史上，船东必须能够获得资金来修理或装备他们的船只。底押契约提供了一种解决方案，让他们能够获得必要的融资，而无需出售他们的船只或货物。这种安排在经济不稳定时期尤其有利，因为在这种情况下，传统贷款可能更难获得。然而，底押契约并非没有其复杂性。这类协议的条款可能会有显著差异，包括利率和还款条件。贷方必须仔细评估所涉及的风险，包括船只的状况和航行的性质。此外，围绕底押契约的法律框架在不同的司法管辖区之间可能有所不同，给这些交易增加了另一层复杂性。在现代，尽管由于更复杂的融资选项的出现，底押契约的使用有所减少，但它们仍然具有历史意义。理解底押契约的运作方式可以洞察海事金融的发展，以及船东如何应对财务挑战。此外，研究这些工具也揭示了所有类型投资中风险与回报的基本原则。总之，底押契约代表了海事法、金融和风险管理之间一个引人入胜的交汇点。它展示了船东如何历史上寻求创新解决方案，以确保其事业的资金，强调了在面临财务压力时适应能力的重要性。当我们继续探索海洋贸易和金融的复杂性时，底押契约的遗产提醒我们商业与海洋之间持久的关系。理解这一金融工具不仅丰富了我们对海事历史的知识，也增强了我们对当今全球贸易复杂性的欣赏。