Definition of Demurrage. Meaning of Demurrage. Synonyms of Demurrage

Here you will find one or more explanations in English for the word Demurrage. Also in the bottom left of the page several parts of wikipedia pages related to the word Demurrage and, of course, Demurrage synonyms and on the right images related to the word Demurrage.

Definition of Demurrage

Demurrage
Demurrage De*mur"rage, n. [Cf. OF. demorage delay. See Demur.] (Law) (a) The detention of a vessel by the freighter beyond the time allowed in her charter party for loading, unloading, or sailing. (b) The allowance made to the master or owner of the ship for such delay or detention. The claim for demurrage ceases as soon as the ship is cleared out and ready for sailing. --M`Culloch. Note: The term is also applied to similar delays and allowances in land carriage, by wagons, railroads, etc.

Meaning of Demurrage from wikipedia

- "Demurrage" /dɪˈmʌrɪdʒ/ in vessel chartering is the amount of liquidated damages owed by a charterer to a shipowner when the charterer remained in possession...
- Demurrage is the cost ****ociated with owning or holding currency over a given period. It is sometimes referred to as a carrying cost of money. For commodity...
- and unloading the cargo. If laytime is exceeded, the charterer must pay demurrage. If laytime is saved, the charter party may require the shipowner to pay...
- that only takes effect from a ****ure date. demurrage lien—a carrier's lien on goods for any unpaid demurrage charges. dragnet lien (United States)—a lien...
- euro and favors local small businesses, stimulating transactions through demurrage. Express-Money: Example for a complementary currency on a national level...
- charter-parties. Other terms are relevant here: demurrage, dead freight, and cesser, which are described below. Demurrage is a fixed sum per day or per hour that...
- agreed period of laytime. If the charterer exceeds the allowed laytime, demurrage becomes payable. In a voyage charter, the route is pre-arranged and the...
- chronological order and is used for the calculation of the lay time and demurrage. The Statement of Facts may aid in the resolution of conflicts by providing...
- he remembers her with affection and admiration. Not the same as Aliss Demurrage. Generally referred to as "Goodie Whemper maysherestinpeace". She trained...
- as much about the immediate impact on exchange rates or capital flows. Demurrage Reserve currency Seigniorage Euro Curcuru et al. (2013). Eichengreen (2011)...