Barratry

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Barratry

1. In maritime commerce, an illegal act in which the captain or crew of a ship damages the transaction. Examples include stealing cargo or throwing it overboard. Barratry is a risk associated with the transaction; responsibility for the risk may rest with the buyer or the seller, depending on the terms of the shipping agreement. See also: Incoterm.

2. The act or practice of filing repeated, usually frivolous lawsuits.