society > trade and finance > fees and taxes > payment for labour or service > fee for services rendered > [noun] > payment for capture or return of person or property > for capturing ship (2)
The money distributed among the captors of a ship, assigned in proportion to the number of guns on the captured ship. ? Obsolete.
(a) = gunnage, n.; (b) money coined (by James II in Ireland) from the metal of old guns (see quot. 1853).