(n.) A contract in the nature of a mortgage, by which the owner of a ship, or the master as his agent, hypothecates and binds the ship (and sometimes the accruing freight) as security for the repayment of money advanced or lent for the use of the ship, if she terminates her voyage successfully. If the ship is lost by perils of the sea, the lender loses the money; but if the ship arrives safe, he is to receive the money lent, with the interest or premium stipulated, although it may, and usually does, exceed the legal rate of interest. See Hypothecation.
Example Sentences:
Owner
Definition:
(n.) One who owns; a rightful proprietor; one who has the legal or rightful title, whether he is the possessor or not.
Example Sentences:
(1) Biden will meet with representatives from six gun groups on Thursday, including the NRA and the Independent Firearms Owners Association, which are both publicly opposed to stricter gun-control laws.
(2) Mike Ashley told Lee Charnley that maybe he could talk with me last week but I said: ‘Listen, we cannot say too much so I think it’s better if we wait.’ The message Mike Ashley is sending is quite positive, but it was better to talk after we play Tottenham.” Benítez will ask Ashley for written assurances over his transfer budget, control of transfers and other spheres of club autonomy, but can also reassure the owner that the prospect of managing in the second tier holds few fears for him.
(3) 2.35pm: West Ham co-owner David Sullivan has admitted that a deal to land Miroslav Klose is unlikely to go through following the striker's star performances in South Africa.
(4) As players, we want what's right, and we feel like no one in his family should be able to own the team.” The NBA has also said that Shelly Sterling should not remain as owner.
(5) Meanwhile, reductions in tax allowances on dividends for company shareholders from £5,000 down to £2,000 represent another dent to the incomes of many business owners.
(6) A failure to reach a solution would potentially leave 200,000 homes without affordable cover, leaving owners unable to sell their properties and potentially exposing them to financial hardship.
(7) Of course it is important to ensure shareholders enjoy the benefits of investing in the company, they are the owners.
(8) They also claim their electricity and water were cut off, despite frequent official complaints to police, who Lessena said served as middlemen between the owners and the tenants.
(9) It was only up to jurors to decide if the hotel owner, West End Hotel Partners, and former operator, Windsor Capital Group, should share in the blame.
(10) I believe that the Lebedevs will be progressive and supportive owners of the Independent titles which have played such an important role in British public life for nearly 25 years.
(11) The department has redacted the IP addresses and details of network owners who downloaded the file.
(12) In autumn, leaf-heaps composted themselves on sunken patios, and were shovelled up by irritated owners of basement flats.
(13) Koons provoked a bigger stir with the news that he would be showing with gallery owner David Zwirner next year in an apparent defection from Zwirner's arch-rival Larry Gagosian, the world's most powerful art dealer.
(14) Tata Steel, the owner of Britain’s largest steel works in Port Talbot, is in talks with the government about a similar restructuring for the British Steel pension scheme , which has liabilities of £15bn.
(15) Thanks to the groundbreaking technology and heavy investment of a new breed of entertainment retailers offering access services, we are witnessing a revolution in the entertainment industry, benefitting consumers, creators and content owners alike.” ERA acts as a forum for the physical and digital retail sectors of music, and represents over 90% of the of the UK’s entertainment retail market.
(16) On Wednesday night the owner of the restaurant that held the fundraiser said the offending menu had not been displayed publicly.
(17) Source: Mediacells (Or view the map at OpenHeatMap ) At the other end of the scale, a number of countries will see proportionately few new buyers - suggesting that the remaining featurephone owners are declining to upgrade to more powerful phones.
(18) If you and your mother are joint tenants, when she dies you will become the sole owner of the whole property even if her will says that she is leaving her share to someone else.
(19) Start over!’” said the home’s owner, identified only as Rochelle.
(20) Jana Sante, owner of Gisella Boutique, Peckham: "We received a call from someone saying 'the riots are heading your way'.