Admiralty Court

AAA

DEFINITION of 'Admiralty Court'

Any court governed by admiralty law, whether the court is officially titled admiralty court, or is granted official jurisdiction over admiralty cases. Official jurisdiction for admiralty cases in the United States, for example, has been given to federal district courts, whereas England has a separate court system.

INVESTOPEDIA EXPLAINS 'Admiralty Court'

The principal matters arising in admiralty court concern shipping, boating, insurance matters, collisions at sea, civil matters involving seamen, passengers and cargo, salvage claims, and marine pollution. The most well-known action by an admiralty court is the issuance of a maritime lien against a ship, which allows the court or its appointees to arrest and seize the ship in satisfaction of claims against it. Whether it can be seized in other countries is governed by the admiralty courts of those countries and any treaties that may be in effect therein.

RELATED TERMS
  1. Appeal Bond

    An amount of money placed in holding while the appeal is being ...
  2. The Jones Act

    Legislation that regulates maritime commerce between U.S. cities. ...
  3. Injunction

    A court order that prevents somebody from doing something specific. ...
  4. Admiralty Proceeding

    Any matter that comes before an admiralty court that involves ...
  5. Maritime Law

    A body of laws, conventions and treaties that governs international ...
  6. Admiralty Liability

    A risk, event or conduct that would run afoul of admiralty (maritime) ...
Related Articles
  1. What Is International Trade?
    Personal Finance

    What Is International Trade?

  2. Globalization: Progress Or Profiteering?
    Economics

    Globalization: Progress Or Profiteering?

  3. Understanding World Bank Data
    Investing

    Understanding World Bank Data

  4. India Is Eclipsing China's Economy As ...
    Economics

    India Is Eclipsing China's Economy As ...

comments powered by Disqus
Hot Definitions
  1. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  2. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  3. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  4. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  5. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  6. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
Trading Center