Residential
Spacious Sandycove gem provides coastal comfort for €1.5m
Three-bedroomed mid-1800s-built cottage in desirable south Dublin seaside location
One of the oldest forms of marine insurance, a ‘bottomry’, or ‘bottomage’, is an arrangement in which the master of a ship borrows money upon ‘the bottom’ (or keel) of it, so as to forfeit the ship itself to the creditor, if the money with interest is not paid at the time appointed at the ship's safe return.
In essence it was a forward-funded loan, a bit like a mortgage. But, unlike an immobile property, ...
