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Demurrage   Listen
Demurrage

noun
1.
A charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure.
2.
Detention of a ship or freight car or other cargo beyond its scheduled time of departure.





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"Demurrage" Quotes from Famous Books



... enemy's goods on board, is taken, and there is nothing unfair in the conduct of the neutral master, he will even be entitled to his reasonable demurrage. The captor pays the whole freight, because he represents the enemy, by possessing himself of the enemy's goods by right of war; and although the whole freight has not been earned by the completion of the voyage, yet as the captor, by his act of seizure, ...
— The Laws Of War, Affecting Commerce And Shipping • H. Byerley Thomson


Words linked to "Demurrage" :   holdup, charge, delay


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