seminaufragium

from Bouvier's Law Dictionary, Revised 6th Ed (1856)
SEMINAUFRAGIUM. A term used by Italian lawyers, which literally signifies 
half-shipwreck, and by which they understand the jetsam, or casting 
merchandise into the sea to prevent shipwreck. Locre, Esp. du Code de Com. 
art. 409. It also signifies the state of a vessel which has been so much 
injured by tempest or accident, that to repair the damages, after being 
brought into port, and prepare her for sea, would cost more than her worth. 
4 Law Rep. 120. 
    

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