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Definition of Demurrage
1. Noun. A charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure.
Generic synonyms: Charge
2. Noun. Detention of a ship or freight car or other cargo beyond its scheduled time of departure.
Definition of Demurrage
1. n. The detention of a vessel by the freighter beyond the time allowed in her charter party for loading, unloading, or sailing.
Definition of Demurrage
1. Noun. the detention of a ship or other freight vehicle, during delayed loading or unloading ¹
2. Noun. compensation paid for such detention ¹
3. Noun. a charge made for exchanging currency for bullion ¹
¹ Source: wiktionary.com
Definition of Demurrage
1. [n -S]