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abandonment

abandonment  

Reference type:
Overview Page
Subject:
Law
1 The surrender of title, rights, or claim to financial assets or any other type of property.2 Not exercising an option at expiry.
flotsam

flotsam  

The wreckage of a ship or its cargo found floating on or washed up by the sea (as distinguished from jetsam, goods or material thrown overboard and washed ashore). Flotsam and jetsam is used ...
jetsam

jetsam  

Unwanted material or goods that have been thrown overboard from a ship and washed ashore, especially material that has been discarded to lighten the vessel. Recorded from the late 16th century, ...
lagan

lagan   Quick reference

The Oxford Companion to Ships and the Sea (2 ed.)

Reference type:
Subject Reference
Current Version:
2007
Subject:
History, Social sciences
Length:
85 words
a term in maritime law for goods which are cast overboard from a sinking ship with a buoy attached so that they may be recovered later. It is a term that was also sometimes used to refer ... More
lagan

lagan n.   Reference library

The Oxford Essential Dictionary of the U.S. Military

Reference type:
Subject Reference
Current Version:
2002

archaic (in legal contexts) goods or wreckage lying on the bed of the sea.

salvage

salvage  

Reference type:
Overview Page
Subject:
History
The service rendered by a person who saves or helps to save maritime property. Property saved in a non‐tidal river cannot be subject to a salvage claim.
wreck

wreck  

Reference type:
Overview Page
Subject:
Law
N.1 (shipwreck) The destruction of a ship at sea, as by foundering in a storm or being driven onto rocks.2 The remains of a wrecked ship.3 Goods cast up by the sea from a wrecked ship.

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