what is the meaning of demurrage?

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what is the meaning of demurrage?

2006-10-26 22:13:58 · 2 answers · asked by vince 1 in Business & Finance ➔ Other - Business & Finance

2 answers

de·mur·rage (dĭ-mûr'ĭj, -mŭr'-) pronunciation
n.

1. Detention of a ship, freight car, or other cargo conveyance during loading or unloading beyond the scheduled time of departure.
2. Compensation paid for such detention.

2006-10-26 22:16:13 · answer #1 · answered by Pobept 6 · 0⤊ 0⤋

Delay? My French is so weak. Delay of something?

2006-10-27 05:17:24 · answer #2 · answered by Michael K 3 · 0⤊ 0⤋