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RESPONDENTIA Definition & Legal Meaning

Definition & Citations:

The hypothecation of the cargo or goods on board a ship as se- curity for the repayment of a loan, the term “bottomry” being confined to hypothecations of the ship herself; but now the term “respondentia” is seldom used, and the expression “bottomry” is generally employed, whether the vessel or her cargo or both be the security. Maude & P. Shipp. 433; Smith, Merc. Law, 410. See Maitland v. The Atlantic, 10 Fed. Cas. 522. Respondentia is a contract by which a RESPONDERA SON SOVERAIGNE 1029


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