In mercantile law . Sending goods abroad under charge of a supercargo or other agent, at the risk of the sender, to be disposed of to the best advantage for the benefit of the owners. The goods themselves so sent. In marine insurance . A very usual word in policies of marine insurance, and everywhere used as synonymous, or nearly so, with “perils.” It is often used by the writers to describe the enterprise or voyage as a “marine adventure” insured against. Moores v. Louisville Underwriters (C. C.) 14 Fed. 233.
Black’s Law Online Dictionary
