Home > Terms > English, UK (UE) > Demurrage
Demurrage
Logistics; a charge allowed in freight tariffs or by contract, assessed against a consignor, consignee or other responsible person for delays to transportation in excess of time for loading, unloading, reconsigning, or stopping in transit.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Military
- Category: Peace keeping
- Company: United Nations
- Product:
- Acronym-Abbreviation:
Other Languages:
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