Meaning Of The Word Demurrage
What's the definition of Demurrage? Find Demurrage meanings, definitions and more at the Real Dictionary online.
Demurrage Meaning
| Demurrage Definition |
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What's The Definition Of Demurrage?
demurrage in American English
the compensation payable to a carrier of freight whose vehicle or vessel is delayed, as by failure to load or unload the freight within the time allowed noun: the detention in port of a vessel by the shipowner, as in loading or unloading, beyond the time allowed or agreed upon demurrage in British English 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 |
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