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demurrage
[ dih-mur-ij ]
/ dɪˈmɜr ɪdʒ /
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noun Commerce.
the detention in port of a vessel by the shipowner, as in loading or unloading, beyond the time allowed or agreed upon.
the similar undue detention of a railroad car, truck, etc.
a charge for such undue detention.
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Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use demurrage in a sentence
British Dictionary definitions for demurrage
demurrage
/ (dɪˈmʌrɪdʒ) /
noun
the delaying of a ship, railway wagon, etc, caused by the charterer's failure to load, unload, etc, before the time of scheduled departure
the extra charge required as compensation for such delay
a fee charged by the Bank of England for changing bullion into notes
Word Origin for demurrage
C17: from Old French demorage, demourage; see demur
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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