Word:

Demurrage

De`mur´rage
n.1.(Law) The detention of a vessel by the freighter beyond the time allowed in her charter party for loading, unloading, or sailing.
Noun1.demurrage - a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure
2.demurrage - detention of a ship or freight car or other cargo beyond its scheduled time of departure

DEMURRAGE, mar. law. The freighter of a ship is bound not to detain it, beyond the stipulated or usual time, to load, or to deliver the cargo, or to sail. The extra days beyond the lay days (being the days allowed to load and unload the cargo), are called the days of demurrage; and that term is likewise applied to the payment for such delay, and it may become due, either by the ship's detention, for the purpose of loading or unloading the cargo, either before, or during, or after the voyage, or in waiting for convoy. 3 Kent, Com. 159; 2 Marsh, 721; Abbott on Ship. 192 5 Com. Dig. 94, n., 505; 4 Taunt. 54, 55; 3 Chit. Com. Law, 426; Harr. Dig. Ship and Shipping, VII.

charge
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-- Demurrage --
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