privateering
Privateering is the practice of privately owned and manned ships being authorized by a government during wartime to attack the shipping of an enemy state. The authorization, issued as a letter of marque and reprisal, legitimized privateers to seize enemy ships and cargo as prizes. Prize ships were often condemned in prize courts, and the privateers typically shared the proceeds with the private owners and the sponsoring government.
Historically, privateering flourished from the 16th through the 18th centuries as a way to augment naval power,
Legal status and decline: Privateering declined as modern navies professionalized and international law evolved to restrict
See also: Letters of marque and reprisal, prize law, maritime warfare, piracy.