504. Interpretation of terms
In this Part of this Title, unless the context or subject-matter otherwise requires—
“action” includes counter-claim and set off;
“freight” includes the profit derivable by a ship-owner from the employment of his or her ship to carry his or her own goods or movables, as well as freight payable by a third party, but does not include passage money;
“movables” means any movable tangible property, other than the ship, and includes money, valuable securities and other documents;
“policy” means a marine policy.