bottomry bond

简明释义

押船借款保证书，押船契约，押船借款债券

英英释义

例句

1.A bottomry bond allows shipowners to borrow money against the value of their ship while at sea.

底押债券允许船东在航行时以船舶的价值借款。

2.The shipowner secured a bottomry bond to finance the repairs after the vessel was damaged during a storm.

船东通过底押债券来融资，以修理在风暴中受损的船只。

3.Investors were hesitant to buy the bottomry bond due to the high risk associated with maritime ventures.

由于海上冒险的高风险，投资者对购买底押债券持谨慎态度。

4.The terms of the bottomry bond specified a high interest rate due to the risky nature of shipping.

底押债券的条款规定了高利率，因为航运的风险性质。

5.When the cargo was lost, the owner had to settle the bottomry bond before claiming insurance.

当货物丢失时，船东必须在索赔保险之前清偿底押债券。

作文

In the world of finance and maritime trade, various terms and concepts play crucial roles in facilitating transactions and ensuring security. One such term is bottomry bond, which refers to a specific type of loan agreement used primarily in shipping. This financial instrument allows shipowners to borrow money against their vessel, with the understanding that if the ship is lost at sea, the lender will not be able to recover the loan amount. This unique arrangement reflects the inherent risks associated with maritime ventures and provides a safety net for shipowners who may face unforeseen circumstances.The concept of bottomry bond dates back to ancient maritime law, where it served as a vital means of financing voyages. In those times, ships were often seen as a significant investment, and securing funds for their operation was essential. By utilizing a bottomry bond, shipowners could ensure they had the necessary capital to cover expenses such as crew wages, provisions, and repairs without risking their personal assets. This practice not only facilitated trade but also contributed to the growth of global commerce.A bottomry bond typically involves three parties: the shipowner, the lender, and the vessel itself, which acts as collateral. The lender provides the funds needed for the voyage, and in return, they receive a legal claim against the ship. If the ship successfully completes its journey, the owner repays the loan with interest. However, if the ship is lost, the lender bears the loss, as they cannot claim repayment. This arrangement exemplifies the principle of risk-sharing in maritime finance, where the lender accepts the potential for loss in exchange for the opportunity to earn interest on the loan.Understanding the implications of a bottomry bond is essential for anyone involved in maritime business. It highlights the balance between risk and reward that characterizes the shipping industry. For shipowners, a bottomry bond can provide much-needed liquidity, allowing them to navigate the unpredictable nature of maritime operations. On the other hand, lenders must carefully assess the risks associated with the venture before entering into such agreements.Moreover, the legal framework surrounding bottomry bonds has evolved over time, with various jurisdictions implementing regulations to protect the interests of all parties involved. These laws help ensure that the terms of the bond are clear and that both lenders and shipowners understand their rights and obligations. As international trade continues to grow, the relevance of bottomry bonds remains significant, providing a financial lifeline for many in the shipping industry.In conclusion, the term bottomry bond encapsulates a critical aspect of maritime finance. It represents a historical solution to the challenges faced by shipowners in securing funding while acknowledging the risks inherent in sea travel. As the shipping industry evolves, the principles behind bottomry bonds continue to influence modern financing methods, ensuring that maritime trade remains a dynamic and essential component of the global economy.

在金融和海洋贸易的世界中，各种术语和概念在促进交易和确保安全方面发挥着至关重要的作用。其中一个术语是底船债券，它指的是一种主要用于航运的特定类型的贷款协议。这种金融工具允许船东以其船只作为抵押借款，并且如果船只在海上失事，贷方将无法收回贷款金额。这种独特的安排反映了海洋事业固有的风险，并为可能面临意外情况的船东提供了安全网。底船债券的概念可以追溯到古代海洋法，在那个时代，它作为融资航行的重要手段。在当时，船只通常被视为重大投资，确保运营资金至关重要。通过利用底船债券，船东可以确保他们拥有必要的资本来支付船员工资、食品和维修等费用，而不必冒着个人资产的风险。这种做法不仅促进了贸易，还推动了全球商业的发展。底船债券通常涉及三方：船东、贷方和船只本身，后者充当抵押品。贷方提供航行所需的资金，作为回报，他们获得对该船的法律索赔。如果船只成功完成航行，船东将连同利息偿还贷款。然而，如果船只失事，贷方将承担损失，因为他们无法索回款项。这种安排体现了海洋融资中风险共享的原则，贷方接受潜在损失的可能性，以换取获得贷款利息的机会。理解底船债券的含义对于任何参与海洋业务的人来说都是至关重要的。它突显了航运业特征的风险与回报之间的平衡。对于船东而言，底船债券可以提供急需的流动资金，使他们能够应对海洋运营的不可预测性。另一方面，贷方必须在签订此类协议之前仔细评估与该项目相关的风险。此外，围绕底船债券的法律框架随着时间的推移而不断演变，各个司法管辖区实施法规以保护所有相关方的利益。这些法律帮助确保债券条款明确，并且贷方和船东都了解自己的权利和义务。随着国际贸易的持续增长，底船债券的相关性仍然显著，为许多航运行业提供了财务生命线。总之，术语底船债券概括了海洋金融的一个关键方面。它代表了一种历史解决方案，旨在应对船东在确保资金方面面临的挑战，同时承认海上旅行固有的风险。随着航运业的发展，底船债券背后的原则继续影响现代融资方式，确保海洋贸易仍然是全球经济中动态且重要的组成部分。