IMPLICATA

1 definition found

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  IMPLICATA, mar. law. In order to avoid the risk of making fruitless 
  voyages, merchants have been in the habit of receiving small adventures on 
  freight at so much per cent, to which they are entitled at all events, even 
  if the adventure be lost. This is what the Italians call implicata. Targa, 
  chap. 34 Emer. Mar. Loans, s. 5.