Free Dictionary

Free Dictionary

Home ×
Link Link Link Link

Search Result for "marine insurance":

The Collaborative International Dictionary of English v.0.48:

Marine \Ma*rine"\, a. [L. marinus, fr. mare the sea: cf. F. marin. See Mere a pool.] 1. Of or pertaining to the sea; having to do with the ocean, or with navigation or naval affairs; nautical; as, marine productions or bodies; marine shells; a marine engine. [1913 Webster] 2. (Geol.) Formed by the action of the currents or waves of the sea; as, marine deposits. [1913 Webster] Marine acid (Chem.), hydrochloric acid. [Obs.] Marine barometer. See under Barometer. Marine corps, a corps formed of the officers, noncommissioned officers, privates, and musicants of marines. Marine engine (Mech.), a steam engine for propelling a vessel. Marine glue. See under Glue. Marine insurance, insurance against the perils of the sea, including also risks of fire, piracy, and barratry. Marine interest, interest at any rate agreed on for money lent upon respondentia and bottomry bonds. Marine law. See under Law. Marine league, three geographical miles. Marine metal, an alloy of lead, antimony, and mercury, made for sheathing ships. --Mc Elrath. Marine soap, cocoanut oil soap; -- so called because, being quite soluble in salt water, it is much used on shipboard. Marine store, a store where old canvas, ropes, etc., are bought and sold; a junk shop. [Eng.] [1913 Webster]
Bouvier's Law Dictionary, Revised 6th Ed (1856):

MARINE INSURANCE, contracts. A contract by which one party, for a stipulated premium, undertakes to indemnify the other, against all perils or sea risks, to which his ship; freight or cargo, or some of them, may be exposed, during a certain voyage or fixed period of time. 1 Bouv. Inst. n. 1175, et seq. See Insurance Marine.