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2 definitions found
 for Maritime loan
From The Collaborative International Dictionary of English v.0.48 :

  Maritime \Mar"i*time\ (m[a^]r"[i^]*t[imac]m, formerly
     m[a^]r"[i^]*t[i^]m; 277), a. [L. maritimus, fr. mare the sea:
     cf. F. maritime. See Mere a pool.]
     1. Bordering on, or situated near, the ocean; connected with
        the sea by site, interest, or power; having shipping and
        commerce or a navy; as, maritime states. "A maritime
        town." --Addison.
        [1913 Webster +PJC]
     2. Of or pertaining to the ocean; marine; pertaining to
        navigation and naval affairs, or to shipping and commerce
        by sea. "Maritime service." --Sir H. Wotton.
        [1913 Webster]
     Maritime law. See Law.
     Maritime loan, a loan secured by bottomry or respodentia
     Martime nations, nations having seaports, and using the sea
        more or less for war or commerce.
        [1913 Webster] Maritime provinces

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

  MARITIME LOAN. A contract or agreement by which one, who is the lender, 
  lends to another, who is the borrower, a certain sum of money, upon 
  condition that if the thing upon which the loan has been made, should be 
  lost by any peril of the sea, or vis major, the lender shall not be repaid, 
  unless what remains shall be equal to the sum borrowed; and if the thing 
  arrive in safety, or in case it shall not have been injured, but by its own 
  defects or the fault of the master or mariners, the borrower shall be bound 
  to return the sum borrowed, together with a certain sum agreed upon as the 
  price of the hazard incurred. Emer. Mar. Loans, c. 1, s. 2; Poth. h.t. Vide 
  Bottomry; Gross Adventure; Interest, maritime; Respondentia. 

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