demurrage
[ dih-mur-ij ]
/ dɪˈmɜr ɪdʒ /
noun Commerce.
the detention in port of a vessel by the shipowner, as in loading or unloading, beyond the time allowed or agreed upon.
the similar undue detention of a railroad car, truck, etc.
a charge for such undue detention.
Words nearby demurrage
demucosation,
demulcent,
demulsify,
demur,
demure,
demurrage,
demurral,
demurrer,
demuth,
demutualize,
demy
Example sentences from the Web for demurrage
British Dictionary definitions for demurrage
demurrage
/ (dɪˈmʌrɪdʒ) /
noun
the delaying of a ship, railway wagon, etc, caused by the charterer's failure to load, unload, etc, before the time of scheduled departure
the extra charge required as compensation for such delay
a fee charged by the Bank of England for changing bullion into notes
Word Origin for demurrage
C17: from Old French
demorage, demourage; see
demur