no cure no pay

no cure, no pay. Maritime law. The common-law principle that compensation for salvage must come from the material salvaged, and that if no material is salvaged there can be no compensation. • By contrast, civil-law tradition awards compensation even for a failed effort. Cf. ASSISTANCE.

---

词条贡献者

双语律师Virginia，国内知名法学院民商法专业，擅长翻译各类与公司与并购相关的法律文件。