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demurrage
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demurrage
noun
/dɪˈmʌrɪdʒ/
Meaning
a charge payable to the owner of a ship or vehicle for not loading or unloading on time
Example Sentences
The company had to pay
demurrage
for delaying the unloading of goods.
Synonyms
delay charge, penalty fee, detention fee
Antonyms
waiver, exemption
Collocations
pay demurrage, incur demurrage, demurrage charges
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