DEMURRAGE

demurrage

(noun) detention of a ship or freight car or other cargo beyond its scheduled time of departure

demurrage

(noun) a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure

Source: WordNet® 3.1


Etymology

Noun

demurrage (countable and uncountable, plural demurrages)

(shipping) the detention of a ship or other freight vehicle, during delayed loading or unloading

compensation paid for such detention

a charge made for exchanging currency for bullion

Antonyms

• (detention of a ship, or fee paid for it): despatch

Coordinate terms

• cranage, shippage, shorage, tonnage, wharfage

Source: Wiktionary


De*mur"rage, n. Etym: [Cf. OF. demorage delay. See Demur.] (Law) (a) The detention of a vessel by the freighter beyond the time allowed in her charter party for loading, unloading, or sailing. (b) The allowance made to the master or owner of the ship for such delay or detention. The claim for demurrage ceases as soon as the ship is cleared out and ready for sailing. M`Culloch.

Note: The term is also applied to similar delays and allowances in land carriage, by wagons, railroads, etc.

Source: Webster’s Unabridged Dictionary 1913 Edition



RESET




Word of the Day

3 March 2025

STAND

(verb) hold one’s ground; maintain a position; be steadfast or upright; “I am standing my ground and won’t give in!”


coffee icon

Coffee Trivia

The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.

coffee icon