The Law Dictionary

BOUNDS

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

In the English law of mines, the trespass committed by a person who excavates minerals under ground beyond the boundary of his land is called "working out of bounds." … [Read more...]

BOTTOMRY

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

In maritime law. A contract in the nature of a mortgage, by which the owner of a ship borrows money for the use, equipment, or repair of the vessel, and for a definite term, and pledges the ship (or the keel or bottom of the ship, pars pro tQto) as a security for its repajment, with maritime or extraordinary interest on account of the marine risks to be borne by the lender; it … [Read more...]

BOUNTY

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

A gratuity, or an unusual or additional benefit conferred upon, or compensation paid to, a class of persons. Iowa v. McFarland, 110 U. S. 471, 4 Sup. Ct. 210, 28 L. Ed. 198. A premium given or offered to induce men to enlist into the public service. The term is applicable only to the payment made to the enlisted man, as the inducement for his service, and not to a premium paid … [Read more...]

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