DEMURRAGE


Meaning of DEMURRAGE in English

n.1 a a rate or amount payable to a shipowner by a charterer for failure to load or discharge a ship within the time agreed. b a similar charge on railway trucks or goods.

2 such a detention or delay.

Etymology: OF demo(u)rage f. demorer (as DEMUR)

Oxford English vocab.      Оксфордский английский словарь.