Definitions for demurrage
dɪˈmɜr ɪdʒde·mur·rage

Princeton's WordNetRate this definition:0.0 / 0 votes

1. demurragenoun

   a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure

2. demurragenoun

   detention of a ship or freight car or other cargo beyond its scheduled time of departure

WiktionaryRate this definition:0.0 / 0 votes

1. demurragenoun

   the detention of a ship or other freight vehicle, during delayed loading or unloading

2. demurragenoun

   compensation paid for such detention

3. demurragenoun

   a charge made for exchanging currency for bullion

Samuel Johnson's DictionaryRate this definition:0.0 / 0 votes

1. Demurragenoun

   An allowance made by merchants to masters of ships, for their stay in a port beyond the time appointed.

   Etymology: from demur.

ChatGPTRate this definition:0.0 / 0 votes

1. demurrage

   Demurrage is a fee charged by shipping companies or carriers for extended use of their shipping container or equipment beyond the allowed free period. It can also refer to the compensation payable to a charterer by a ship owner due to delay in loading or unloading the cargo in a stipulated time. Basically, it is a penalty for delay or late return.

Webster DictionaryRate this definition:0.0 / 0 votes

1. Demurragenoun

   the detention of a vessel by the freighter beyond the time allowed in her charter party for loading, unloading, or sailing

2. Demurragenoun

   the allowance made to the master or owner of the ship for such delay or detention

3. Etymology: [Cf. OF. demorage delay. See Demur.]

WikidataRate this definition:0.0 / 0 votes

1. Demurrage

   The term demurrage originated in vessel chartering and refers to the period when the charterer remains in possession of the vessel after the period normally allowed to load and unload cargo. By extension, demurrage refers to the charges that the charterer pays to the shipowner for its extra use of the vessel. Officially, demurrage is a form of liquidated damages for breaching the laytime as it is stated in the governing contract. The demurrage sometimes causes a loss to the seller as it increases cost of the total freight. The reverse of demurrage is despatch. If the charterer requires the use of the vessel for less time than the laytime allowed, the charter party may require the shipowner to pay despatch for the time saved. After the laytime has expired and the vessel is on demurrage, no exceptions or interruptions to laytime are relevant, even during force majeure events such as strikes, etc. This is based on the principle that if the charterer had completed loading or discharging within the agreed laytime, the vessel would have left the port before the force-majure event could intervene; hence, the thumb rule once on demurrage, always on demurrage.

Dictionary of Nautical TermsRate this definition:0.0 / 0 votes

1. demurrage

   The compensation due to a ship-owner from a freighter for unduly delaying his vessel in port beyond the time specified in the charter-party or bill of lading. It is in fact an extended freight. A ship unjustly detained, as a prize, is entitled to demurrage. Vessels chartered to convey government stores have a term given for discharge by government aid. If not delivered within that period, demurrage, as stated in the document, is paid per diem for any "unavoidable delay."

Matched Categories

1. • Charge
   • Delay

How to pronounce demurrage?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say demurrage in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of demurrage in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of demurrage in Pythagorean Numerology is: 2

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=demurrage
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Demurrage
3. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=demurrage
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/demurrage
6. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=demurrage
7. ^ Dictionary of Nautical Terms
   https://www.gutenberg.org/cache/epub/26000/pg26000-images.html#:~:text=demurrage