bottomry bond

简明释义

船舶抵押契约

英英释义

例句

1.Investors were hesitant to sign the bottomry bond due to the high risks involved in maritime trade.

投资者对签署底押契约犹豫不决，因为海上贸易涉及的风险很高。

2.The shipowner secured a bottomry bond to finance the repairs needed after the storm.

船主通过一份底押契约来融资，以修复暴风雨后需要的修理。

3.The bottomry bond allowed the captain to borrow money for fuel and supplies before setting sail.

这份底押契约允许船长在启航前借款购买燃料和补给品。

4.The terms of the bottomry bond specified that repayment would occur only if the voyage was successful.

这份底押契约的条款规定，只有在航程成功的情况下才会进行还款。

5.After the accident, the shipping company had to assess the value of the bottomry bond it had taken out.

事故发生后，航运公司必须评估其签署的底押契约的价值。

作文

The world of finance and commerce is filled with various terms that may seem obscure to the untrained eye. One such term is bottomry bond, which refers to a type of maritime loan. In essence, it is an agreement where a shipowner borrows money against the value of their ship or cargo, with the understanding that if the ship is lost at sea, the lender will lose their investment. This financial instrument has its roots in the shipping industry, which has always been fraught with risks due to unpredictable weather and other maritime dangers.Historically, bottomry bonds were crucial for shipowners who needed immediate funds to cover expenses such as repairs, crew wages, or provisions before embarking on a voyage. The nature of maritime trade means that capital is often tied up in ships and cargo, making it difficult for owners to access liquid assets. Therefore, these bonds provided a lifeline, allowing them to secure necessary funds without having to sell off their valuable assets.The legal framework surrounding bottomry bonds is quite fascinating. When a shipowner enters into this type of agreement, they essentially pledge their vessel as collateral. If the ship successfully completes its journey, the owner repays the loan with interest. However, if the ship is lost, the lender cannot claim any repayment, thus assuming a significant risk. This unique structure balances the interests of both parties involved, encouraging lenders to finance ventures while providing shipowners with the necessary capital to operate.In modern times, while the use of bottomry bonds has diminished with the advent of more sophisticated financial instruments and insurance policies, the concept remains relevant. It serves as a historical example of how businesses have navigated risk and finance throughout the ages. Furthermore, understanding such terms enriches our knowledge of commercial practices and maritime law, which continue to evolve.In conclusion, the term bottomry bond encapsulates a critical aspect of maritime finance that has played a significant role in the development of global trade. By examining its origins and implications, we gain insight into the complexities of financing in high-risk industries. As we continue to explore the intricacies of finance, it is essential to appreciate the historical context and the evolution of financial instruments that have shaped the way businesses operate today.

金融和商业的世界充满了各种术语，对于未经训练的人来说，这些术语可能显得晦涩难懂。其中一个术语是bottomry bond，它指的是一种海事贷款。实质上，这是一种协议，船主以其船只或货物的价值借款，并且双方达成理解：如果船只在海上失踪，贷方将会失去他们的投资。这种金融工具源于航运业，而航运业由于不可预测的天气和其他海洋危险，一直充满风险。历史上，bottomry bonds对于需要立即资金的船主至关重要，以支付修理费、船员工资或出航前的补给费用。海上贸易的性质意味着资本往往被锁定在船只和货物中，使得船主很难获得流动资产。因此，这些债券提供了一条生命线，使他们能够获得必要的资金，而不必出售其宝贵的资产。围绕bottomry bonds的法律框架相当迷人。当船主进入这种协议时，他们基本上将自己的船只作为抵押。如果船只成功完成航程，船主将连同利息偿还贷款。然而，如果船只失踪，贷方无法要求任何偿还，因此承担了重大风险。这种独特的结构平衡了双方的利益，鼓励贷方为冒险投资提供资金，同时为船主提供了必要的运营资本。在现代，尽管随着更复杂的金融工具和保险政策的出现，bottomry bonds的使用有所减少，但这一概念仍然相关。它作为企业如何应对风险和融资的历史示例，依然具有重要意义。此外，理解这些术语丰富了我们对商业实践和海事法的知识，而这些领域仍在不断发展。总之，术语bottomry bond概括了海事金融的一个关键方面，这在全球贸易的发展中发挥了重要作用。通过考察其起源和影响，我们可以深入了解高风险行业融资的复杂性。在我们继续探索金融的细微差别时，欣赏历史背景以及塑造当今商业运作方式的金融工具的发展是至关重要的。