demurrage
Use Demurrage in a sentence
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ɪdʒ noun Commerce.
1.
the detention in port of a vessel by the shipowner, as in loading or unloading, beyond the time allowed or agreed upon.
2.
the similar undue detention of a railroad car, truck, etc.
3.
a charge for such undue detention.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
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Link To demurrage
Collins
World English Dictionary
demurrage (dɪˈmʌrɪdʒ) ![[Click for IPA pronunciation guide]](http://static.sfdict.com/dictstatic/g/d/dictionary_questionbutton_default.gif) | |
| —n | |
| 1. | the delaying of a ship, railway wagon, etc, caused by the charterer's failure to load, unload, etc, before the time of scheduled departure |
| 2. | the extra charge required as compensation for such delay |
| 3. | a fee charged by the Bank of England for changing bullion into notes |
| [C17: from Old French demorage, demourage; see | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Demurrage
is a GRE word you need to know.
So is determinate. Does it mean:
| fixed and definite |
| great flood |
Etymonline
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Government will pay the contractor the hourly demurrage rate from the time the equipment departs until it returns.
But demurrage is a charge imposed for the undue detention of rail cars.
It is also a penalty charge in some ocean shipping contracts of carriage that take effect after the demurrage time ends.
Demurrage cases are rare because carriers and shippers are typically able to work out these matters.
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