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Trajectitia Pecunia

Defined in 1 dictionary — Bouvier (1914)

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

A loan to a shipper to be repaid only in case of a successful voyage. The lender could charge an extraordinary rate of interest, nauticum fcenus. Holland, Jurispr. 250. See Bottomry; Respondentia.