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ABANDONMENT IN MARINE INSURANCE

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Originally appearing in Volume V01, Page 7 of the 1911 Encyclopedia Britannica.

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ABANDONMENT (Fr. abandonnement, from abandonner, to abandon, relinquish; abandonner was originally equivalent to mettred banddn, to leave to the jurisdiction, i.e. of another, bandon being from Low Latin bandum, bannum, order, decree, " ban ")

ABANDONMENT IN MARINE
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INSURANCE
INSURANCE iS the surrender of the

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SHIP

ship or goods insured to the insurers, in the

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case of a constructive

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TOTAL

total loss of the thing insured . For the requisites and effects of

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ABANDONMENT (Fr. abandonnement, from abandonner, to abandon, relinquish; abandonner was originally equivalent to mettred banddn, to leave to the jurisdiction, i.e. of another, bandon being from Low Latin bandum, bannum, order, decree, " ban ")

abandonment in this sense see

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INSURANCE

INSURANCE, MARINE .

End of Article: ABANDONMENT IN MARINE INSURANCE

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