demurrage definition

  • noun:
    • Detention of a ship, cargo vehicle, or any other cargo conveyance during loading or unloading beyond the planned period of deviation.
    • payment paid for such detention.
    • the detention of a ship or any other freight automobile, during delayed loading or unloading
    • compensation taken care of these types of detention
    • a charge designed for swapping money for bullion
    • The detention of a vessel because of the freighter beyond the full time permitted in her own charter party for loading, unloading, or sailing.
    • The allowance meant to the master or owner of ship for such delay or detention.
    • In maritime law:
    • Any detention of a vessel because of the freighter in loading or unloading beyond enough time initially stipulated. When a vessel is therefore detained she's considered on demurrage.
    • The payment that the freighter has got to pay for such delay or detention.
    • Detention of railway-wagons, etc.
    • A charge of 1½d. per ounce, made by the financial institution of The united kingdomt in trading notes or money for bullion.
    • a charge required as settlement for the delay of a ship or freight automobile or other cargo beyond its scheduled time of deviation
    • detention of a ship or freight car or any other cargo beyond its planned time of deviation
    • Detention of a ship, freight car, or other cargo conveyance during loading or unloading beyond the scheduled time of departure.
    • settlement paid for these types of detention.
    • the detention of a ship or other freight car, during delayed loading or unloading
    • compensation paid for these types of detention
    • a charge made for exchanging currency for bullion
    • The detention of a vessel because of the freighter beyond the time allowed inside her charter-party for running, unloading, or cruising.
    • The allowance built to the master or owner of ship for these types of delay or detention.
    • In maritime law:
    • Any detention of a vessel because of the freighter in running or unloading beyond the full time originally stipulated. When a vessel is therefore detained she's reported to be on demurrage.
    • The compensation which the freighter has got to purchase these types of wait or detention.
    • Detention of railway-wagons, etc.
    • A charge of 1½d. per ounce, created by the financial institution of England in trading records or coin for bullion.
    • a charge needed as settlement when it comes to delay of a ship or freight vehicle or any other cargo beyond its planned time of deviation
    • detention of a ship or freight vehicle or any other cargo beyond its scheduled period of deviation

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