Word Study
demurrage
WORDNET DICTIONARY
Noun demurrage has 2 senses
- demurrage(n = noun.possession) - a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure; is a kind of charge
- demurrage(n = noun.act) - detention of a ship or freight car or other cargo beyond its scheduled time of departure; is a kind of delay, holdup
OXFORD DICTIONARY
demurrage, n.
1 a a rate or amount payable to a shipowner by a charterer for failure to load or discharge a ship within the time agreed. b a similar charge on railway trucks or goods.
2 such a detention or delay.
1 a a rate or amount payable to a shipowner by a charterer for failure to load or discharge a ship within the time agreed. b a similar charge on railway trucks or goods.
2 such a detention or delay.
Etymology
OF demo(u)rage f. demorer (as DEMUR)
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