"No purchase, no pay" (or "no prey, no pay") was a phrase used by pirates and privateers, of the 17th century in particular, to describe the conditions under which participants were expected to join expeditions or raids. The phrase describes a remuneration arrangement similar to a commission.
"No purchase, no pay" (or "no prey, no pay") was a phrase used by pirates and privateers, of the 17th century in particular, to describe the conditions under which participants were expected to join expeditions or raids. The phrase describes a remuneration arrangement similar to a commission.
Source: Wikipedia "No purchase, no pay" · CC BY-SA 4.0
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