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What is another word for demurrage?

Pronunciation: [dɪmˈʌɹɪd͡ʒ] (IPA)

Demurrage, a term commonly used in the shipping industry, refers to a fee charged for the delay in unloading or loading a vessel beyond the agreed time. Some of the synonyms for demurrage include detention charges or fees, waiting charges, and laytime penalties. Other synonyms include storage fees, holding charges, and port charges. The purpose of these charges is to ensure that vessels are loaded or unloaded in a timely manner, preventing any delays and ensuring that the shipping process runs smoothly. In summary, demurrage is just one of many terms used in the shipping industry to describe the financial penalties incurred for delays in the transportation of goods.
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Synonyms for Demurrage:

What are the paraphrases for Demurrage?

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What are the hypernyms for Demurrage?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Demurrage?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Usage examples for Demurrage

Among my orders I had three million feet of clear lumber for shipment to the United Kingdom, and these foreign customers, thinking I was trying to crawfish on my contracts, sued me and got judgment for actual and exemplary damages for my failure to perform, while the demurrage on the ships they sent to freight the lumber sent me hustling to the bank to borrow money."
"The Valley of the Giants"
Peter B. Kyne
In France demurrage begins the moment a ship stops outside of port.
"The War After the War"
Isaac Frederick Marcosson
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.
"The War After the War"
Isaac Frederick Marcosson

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