Privateer Agreement

A Privateer Agreement is a formal understanding between a government and a private vessel owner, authorizing the vessel to attack and capture enemy ships during wartime. Essentially, it allows private ships to act like legal sailors of the government, helping to weaken the enemy's navy. In return, the privateers can keep a portion of the value of the captured ships and cargo. This agreement sets the rules they must follow and ensures their actions are authorized and regulated, turning private vessels into legal participants in wartime efforts without being official navy ships.