faenus nauticum

faenus nauticum
\\-ˈnȯd.ə̇kəm\ noun
Roman law : interest paid on maritime loans to be repaid only when a ship and its cargo safely reach port

Useful english dictionary. 2012.

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Look at other dictionaries:

  • trajectitia pecunia — /traejektish(iy)a pakyiiwn(i)ya/ 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 faenus …   Black's law dictionary

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