Lloyd’s, n.

(loid'z), n.

1. A society, or establishment of underwriters and others in London, for the collection and diffusion of marine intelligence, the insurance, classification, and certifying of vessels, and the transaction of business of various kinds connected with shipping.
2. A part of the Royal Exchange, in London, appropriated to the use of underwriters and insurance brokers;—called also Lloyd’s Rooms.

☞ The name is derived from Lloyd’s Coffee House, where there were formerly rooms for the same purpose. Lloyd’s agents, persons employed in various parts of the world, by the association of underwriters called Lloyd’s, to transmit commercial news, render assistance to masters of merchant vessels, and to perform other duties, as may be necessary. Simmonds.—Lloyd’s list, a publication of the latest news respecting shipping matters, with lists of vessels, &c., made under the direction of Lloyd’s. Brande.—Lloyd’s register, a register of vessels according to their quality, published yearly. Simmonds. ☞ An Austrian Lloyd’s was established in Trieste in 1853, not, however, as an association of indemnities, but for general commercial and industrial purposes. See Am. Cyc.