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Home » Law Dictionary » A » ADVENTURE

ADVENTURE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

(A) bill of. A writing signed by a merchant, to testify that the goods shipped on board a certain vessel are at the venture of another person, he himself being answerable only for the produce. Techn. Dict. (B) crim. law. See Misadventure. (C) mer. law. Goods sent abroad under the care of a supercargo, to be disposed of to the best advantage for the benefit of his employers, is called an adventure.

Law Dictionary – Alternative Legal Definition

In mercantile law. Sending goods abroad under charge of a supercargo or other agent, at the risk of the sender, to be disposed of to the best advantage for the benefit of the owners. The goods themselves so sent. In marine insurance. A very usual word in policies of marine insurance, and everywhere used as synonymous, or nearly so, with “perils.” It is often used by the writers to describe the enterprise or voyage as a “marine adventure” insured against. Moores v. Louisville Underwriters (C. 0.) 14 Fed. 233. Adventure, bill of. In mercantile law. for the produce. Gross adventure. In mari time law. A loan on bottomry. So named be ture. A commercial or maritime enterprise to its scope and duration. Ross v. Willett, 76 Hun, 211, 27 N. Y. Supp. 785.

Related Posts:

  • BILL OF ADVENTURE
  • CONSIGN
  • BILL OF LADING
  • CONSIGNEE
  • SHIPPED
  • INVOICE

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