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demurrage
[ dih-mur-ij ]
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.
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
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Word History and Origins
Origin of demurrage1
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Word History and Origins
Origin of demurrage1
C17: from Old French demorage, demourage; see demur
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Example Sentences
Some were "refund of terminal charges;" some were "lighterage demurrage;" some were allowances for damages.
From Project Gutenberg
You dont think therell be any such bill as that for repairs and demurrage on McLaughlins hulk, do you?
From Project Gutenberg
I reckoned maybe fifty dollars would pay demurrage and repairs on Mac.
From Project Gutenberg
The freight of that ship too calls for an enormous sum, on account of her long demurrage.
From Project Gutenberg
"We've decided to charge the demurrage and other expenses and loss to Tui Tulifau," Grief said.
From Project Gutenberg
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