term:

Respondentia

respondentia n

[New Latin, from Latin respondent- respondens, present participle of respondere to answer, correspond; from the fact that the loan is only a personal obligation on the part of the borrower who must “answer” for the money]
: a loan secured by the goods on one's ship compare bottomry

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.