Demurrage Definition

dĭ-mûrĭj, -mŭr-
noun
The compensation payable to a carrier of freight whose vehicle or vessel is delayed, as by failure to load or unload the freight within the time allowed.
Webster's New World
The delay itself.
Webster's New World

Compensation paid for such detention.

Wiktionary

The detention of a ship or other freight vehicle, during delayed loading or unloading.

Wiktionary

A charge made for exchanging currency for bullion.

Wiktionary

Other Word Forms of Demurrage

Noun

Singular:
demurrage
Plural:
demurrages

Origin of Demurrage

  • Surface etymology is demur (“delay”) +‎ -age, with doubled ‘r’ to clarify pronunciation and avoid ambiguity with demure.

    From Wiktionary

  • 1640s, from Old French demorage, from demorer (English demur), from Latin demorari (“to tarry”).

    From Wiktionary

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Unscrambles

demurrage