demurrage noun.
[dɪ'mʌrɪdʒ] M17.[Old French demo(u)rage, formed as DEMUR verb: see -AGE. In sense 2 from DEMUR noun or verb + -AGE.]1. Procrastination; delay, waiting; detention.
M17-E19.2. Failure to load or discharge a chartered ship within the time agreed with the owner; the rate or amount payable to the owner by the charterer in respect of such failure.
M17.b. (A charge for) the similar retention of railway trucks or other goods.
M19. [TahlilGaran] English Dictionary ▲