CHARTER n.
instrument of contract in two, and giving one part to each of the contractors] (Com.), a mercantile lease of a vessel; a specific contract by which the owners of a vessel let the entire vessel, or some principal part of the vessel, to another person, to be used by the latter in transportation for his own account, eith…
CREDIT n.
ctation of future playment for property transferred, or of fulfillment or promises given; mercantile reputation entitling one to be trusted; -- applied to individuals, corporations, communities, or nations; as, to buy goods on credit. Credit is nothing but the expectation of money, within some limited time. Locke.…
SHIP n.
-- Ship breaker, one who breaks up vessels when unfit for further use. -- Ship broker, a mercantile agent employed in buying and selling ships, procuring cargoes, etc., and generally in transacting the business of a ship or ships when in port. -- Ship canal, a canal suitable for the passage of seagoing vessels. -- S…