Fluyt
Definition
A Dutch type of sailing vessel originally designed as a dedicated cargo vessel in the late sixteenth century.
Analogy
Imagine fluyts as modern-day container ships. They were not built for speed or warfare but specifically designed to carry maximum cargo with minimum crew required - just like container ships we see today!
Related terms
Dutch East India Company (VOC): One of the world's first multinational corporations, which used fluyts for trade between Europe and Asia.
Joint-Stock Company: A business entity where different stocks can be bought and owned by shareholders. VOC was an example of this.
Spice Trade: The trade between historical civilizations in Asia, Northeast Africa and Europe. Fluyts were often used in this trade route.
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