Demurrage

Quick meaning: Demurrage is a noun meaning (shipping) the detention of a ship or other freight vehicle, during delayed loading or unloading.

Meaning

(shipping) the detention of a ship or other freight vehicle, during delayed loading or unloading.

More Meanings

1. compensation paid for such detention
2. a charge made for exchanging currency for bullion
3. the cost associated with owning or holding currency over a given period
4. a type of currency which requires paying a fee to store money; a type of currency that discourages using money as a store of value

Word Forms

• demurrages

Antonyms for demurrage

Common opposites include despatch.

Related Words

Related dictionary entries include parking, parkade, berthing, tank, depot, stationing.

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