demurragenoun [ U ]
uk/dɪˈmʌr.ɪdʒ/us/dɪˈmɝː.ɪdʒ/specialized law, sailing money that must be paid when a chartered (= rented) ship is used for longer than agreed, or when goods are collected later than the agreed time after being taken off a chartered ship
Thesaurus: synonyms and related words
Paying money
- ante
- chargeable
- congestion charge
- disburse
- discharge
- expense
- fork
- fork out sth
- good-faith
- overspend
- pay up
- payee
- put sth down 1
- repayable
- self-financing
- sink
- spring
- square
- tip
- worth
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Examples from literature
- Not to go over, after all the trouble and expense I have incurred—after all the risk of discovery, and the expense of freight and demurrage!
- That the ship was delayed, at a demurrage of an hundred dollars a day, for upwards of three months, waiting in vain for a better market.
- The factory estimate the loss to the Company, including port charges, demurrage, and factory charges allowed the captain, at sixty-nine thousand nine hundred and ninety-three dollars, or about twenty thousand pounds sterling.
- The net result was that these vessels were held up for nearly two weeks and the high price of transportation coupled with the very large demurrage practically wiped out all the profits.
- Who knows anything about this claim for demurrage?