Legal Dictionary of Pakistan

Privateering

n. Int'l law. The practice of arming privately owned merchant ships for the purpose of attacking enemy trading ships. Before the practice was outlawed, governments commissioned privateers by issuing letters of marque to their merchant fleets. Privateering was prohibited by the Declaration of Paris Concerning Naval Warfare of 1856, which has been observed by nearly all nations since that time. - privateer, ub. private fact See FACT.