demurrage

Definitions

Accounting

• noun money paid to a customer when a shipment is delayed at a port or by customs

Construction

• A late charge for detaining a cargo-carrying vehicle beyond the agreed-upon time for its return.
• A late charge for oxygen and acetylene cylinder rentals and electrical cable reels.

Economics

• A cost associated with delay. It takes different forms in different contexts, such as when a ship is delayed in loading or unloading, or when currency or gold are held over time.

Law

• noun money paid to the owner of a cargo when a ship is delayed in a port

Nearby Definitions of “demurrage”

• degree
• delay
• delivery
• demand
• demand curve
• demurrage
• density
• dependent variable
• deposit
• depreciation
• depth

Contexts for “demurrage”

5 definitions in context
• Accounting
• Construction
• Economics
• Law