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demurrage

 - 2 dictionary results
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de⋅mur⋅rage

  [di-mur-ij]
Use demurrage in a Sentence
–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.
Origin:
1635–45; demur + -age
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To demurrage
Avoid Demurrage Fees
Get PortVision See the Difference!
www.PortVision.com
Demurrage Management
Global Market Coverage. Call Us For Successful Demurrage Resolution Now
www.HaugenConsulting.com/Demurrage
de·mur·rage   (dĭ-mûr'ĭj, -mŭr'-)   
n.  

  1. Detention of a ship, freight car, or other cargo conveyance during loading or unloading beyond the scheduled time of departure.

  2. Compensation paid for such detention.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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