Maritime Law Terminology

noun the right to operate in the coastal waters of a particular country

• Cabotage laws restrict the transportation of goods or passengers within a country to only domestic carriers.
• You can't just hire a foreign company to transport goods within the country due to cabotage regulations.
• They got fined for trying to do cabotage with an international shipping company.
• The cabotage of ideas within the organization led to a lack of innovation.

noun a branch of law that deals with maritime issues and offenses

adjective related to the admiral or naval authority

• The admiralty court has jurisdiction over maritime cases.
• The admiralty office is located on the third floor of the building.
• I heard he got a job at the admiralty, must be making good money.
• In the business world, he is like the admiralty, always steering the company in the right direction.

noun A legal document that guarantees payment to the court if the terms of the bond are not met.

• The ship owner was required to post an admiralty bond before being allowed to dock in the port.
• I heard the company had to put up some kind of admiralty bond to secure their ship.
• Yo, did you see that dude trying to get out of paying his admiralty bond? Not cool.
• In a way, the insurance policy acted as an admiralty bond for the company's financial stability.

noun A flag used to represent a country's navy or maritime forces

• The admiralty flag was hoisted on the ship to indicate its naval status.
• They knew they were approaching a navy ship when they saw the admiralty flag flying.
• I heard only the top-ranking officers are allowed near the admiralty flag.
• In the business world, the CEO's office is like the admiralty flag, symbolizing authority and power.