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2 definitions found
 for Marine interest
From The Collaborative International Dictionary of English v.0.48 :

  Marine \Ma*rine"\, a. [L. marinus, fr. mare the sea: cf. F.
     marin. See Mere a pool.]
     1. Of or pertaining to the sea; having to do with the ocean,
        or with navigation or naval affairs; nautical; as, marine
        productions or bodies; marine shells; a marine engine.
        [1913 Webster]
  
     2. (Geol.) Formed by the action of the currents or waves of
        the sea; as, marine deposits.
        [1913 Webster]
  
     Marine acid (Chem.), hydrochloric acid. [Obs.]
  
     Marine barometer. See under Barometer.
  
     Marine corps, a corps formed of the officers,
        noncommissioned officers, privates, and musicants of
        marines.
  
     Marine engine (Mech.), a steam engine for propelling a
        vessel.
  
     Marine glue. See under Glue.
  
     Marine insurance, insurance against the perils of the sea,
        including also risks of fire, piracy, and barratry.
  
     Marine interest, interest at any rate agreed on for money
        lent upon respondentia and bottomry bonds.
  
     Marine law. See under Law.
  
     Marine league, three geographical miles.
  
     Marine metal, an alloy of lead, antimony, and mercury, made
        for sheathing ships. --Mc Elrath.
  
     Marine soap, cocoanut oil soap; -- so called because, being
        quite soluble in salt water, it is much used on shipboard.
        
  
     Marine store, a store where old canvas, ropes, etc., are
        bought and sold; a junk shop. [Eng.]
        [1913 Webster]

From Bouvier's Law Dictionary, Revised 6th Ed (1856) :

  MARINE INTEREST, contracts. A compensation paid for the use and risk of 
  money loaned on respondentia and bottomry; provided the money be loaned and 
  put in risk, there is no limit as to the amount which may be lawfully 
  charged by the lender. 2 Marsh. Ins. 749; Hall on Mar. Loans; Pothier, Pret 
  a. la Grosse, n. 19; 1 Stuart's (L. C.) R. 130. 
  
  

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