hat money

hat money. Maritime law. A small gratuity traditionally paid to the master (and sometimes the crew) of a ship for the care of the cargo.

— Also termed pocket money; primage. [Cases: Shipping 69. C.J.S. Shipping § 158.]

“Primage and average, which are mentioned in bills of lading, mean a small compensation or duty paid to the master, over and above the freight, for his care and trouble as to the goods. It belongs to him of right, and it is not understood to be covered by the policy of insurance. For these charges, as well as for freight, the master has a lien on the cargo.” 3 James Kent, Commentaries on American Law *232 n. (b) (George Comstock ed., 11th ed. 1866).

---

词条贡献者

译者Virginia，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，擅长翻译各种与私募股权融资相关的法律文件。