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dead freight

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noun Commerce.
  1. an amount owed by a contractor who charters space in a ship but fails to occupy it fully.
  2. the unoccupied space of such a ship.
  3. heavy or unwieldy nonperishable freight.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for dead freight

Historical Examples

  • The merchant will also be liable in damages—known as dead-freight—if he fails to furnish the full cargo promised.

    The New Gresham Encyclopedia. Vol. 1 Part 1

    Various