Found 2 items, similar to Demurrage.
English → English (WordNet)
Definition: demurrage
demurrage
n 1: a charge required as compensation for the delay of a ship or
freight car or other cargo beyond its scheduled time of
departure
2: detention of a ship or freight car or other cargo beyond its
scheduled time of departure
English → English (gcide)
Definition: Demurrage
Demurrage
\De*mur"rage\, n. [Cf. OF. demorage delay. See
Demur.] (Law)
(a) The detention of a vessel by the freighter beyond the
time allowed in her charter party for loading, unloading,
or sailing.
(b) The allowance made to the master or owner of the ship for
such delay or detention.
[1913 Webster]
The claim for demurrage ceases as soon as the ship
is cleared out and ready for sailing. --M`Culloch.
[1913 Webster]
Note: The term is also applied to similar delays and
allowances in land carriage, by wagons, railroads, etc.
[1913 Webster]