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general average bond

Maritime law. A cargo owner’s bond exacted by a carrier to ensure that the owner will pay the general average contribution. • When the contribution amounts are disputed, the carrier requires this bond before agreeing to unload the ship. It may also be required when the amounts are undisputed, as security of payment. — Also

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right of way

right-of-way. 1. The right to pass through property owned by another. • A right-of-way may be established by contract, by longstanding usage, or by public authority (as with a highway). Cf. EASEMENT. [Cases: Easements 1. C.J.S. Easements §§ 2–8, 13–14, 21–22, 24, 53–55, 57–58, 89.] 2. The right to build and operate a railway line

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