demurrage

noun — 5 senses

demurrage

noun

Etymology 1640s, from Old French demorage, from demorer (English demur), from Latin dēmorārī (“to tarry”). By surface analysis, demur (“delay”) + -age, with doubled ‘r’ to clarify pronunciation and avoid ambiguity with demure.

1

Economics, Sciences, Shipping, Transport the detention of a ship or other freight vehicle, during delayed loading or unloading

2

compensation paid for such detention

3

a charge made for exchanging currency for bullion

4

the cost associated with owning or holding currency over a given period

5

a type of currency which requires paying a fee to store money; a type of currency that discourages using money as a store of value

Antonyms
despatch
Coordinate terms
cranage, shippage, shorage, tonnage, wharfage

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.