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Meaning of "demurrage" in the English dictionary

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DICTIONARY
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ETYMOLOGY OF THE WORD DEMURRAGE

From Old French demorage, demourage.
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Etymology is the study of the origin of words and their changes in structure and significance.
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PRONUNCIATION OF DEMURRAGE

demurrage  [dɪˈmʌrɪdʒ] play
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GRAMMATICAL CATEGORY OF DEMURRAGE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Demurrage is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES DEMURRAGE MEAN IN ENGLISH?

Demurrage

The term demurrage originated in vessel chartering and refers to the period when the charterer remains in possession of the vessel after the period normally allowed to load and unload cargo. By extension, demurrage refers to the charges that the charterer pays to the shipowner for its extra use of the vessel. Officially, demurrage is a form of liquidated damages for breaching the laytime as it is stated in the governing contract. The demurrage sometimes causes a loss to the seller as it increases cost of the total freight. The reverse of demurrage is despatch. If the charterer requires the use of the vessel for less time than the laytime allowed, the charter party may require the shipowner to pay despatch for the time saved. After the laytime has expired and the vessel is on demurrage, no exceptions or interruptions to laytime are relevant, even during force majeure events such as strikes, etc. This is based on the principle that if the charterer had completed loading or discharging within the agreed laytime, the vessel would have left the port before the force-majeure event could intervene; hence, the thumb rule once on demurrage, always on demurrage.

Definition of demurrage in the English dictionary

The first definition of demurrage in the dictionary is the delaying of a ship, railway wagon, etc, caused by the charterer's failure to load, unload, etc, before the time of scheduled departure. Other definition of demurrage is the extra charge required as compensation for such delay. Demurrage is also a fee charged by the Bank of England for changing bullion into notes.

WORDS THAT RHYME WITH DEMURRAGE


accourage
əˈkʌrɪdʒ
anchorage
ˈæŋkərɪdʒ
average
ˈævərɪdʒ
beverage
ˈbɛvərɪdʒ
bridge
brɪdʒ
brokerage
ˈbrəʊkərɪdʒ
Cambridge
ˈkeɪmbrɪdʒ
carriage
ˈkærɪdʒ
cartridge
ˈkɑːtrɪdʒ
courage
ˈkʌrɪdʒ
coverage
ˈkʌvərɪdʒ
discourage
dɪsˈkʌrɪdʒ
encourage
ɪnˈkʌrɪdʒ
fridge
frɪdʒ
leverage
ˈliːvərɪdʒ
marriage
ˈmærɪdʒ
Norwich
ˈnɒrɪdʒ
overencourage
ˌəʊvərɪnˈkʌrɪdʒ
ridge
rɪdʒ
storage
ˈstɔːrɪdʒ

WORDS THAT BEGIN LIKE DEMURRAGE

demulcent
demulsification
demulsified
demulsifier
demulsifies
demulsify
demultiplexer
demur
demure
demurely
demureness
demurrable
demurral
demurred
demurrer
demurring
demutualisation
demutualise
demutualization
demutualize

WORDS THAT END LIKE DEMURRAGE

arbitrage
barrage
cold storage
entourage
Farage
forage
garage
mirage
on average
outrage
overage
parking garage
rage
sewerage
suffrage
tidal barrage
tirage
underage
vitrage
weighted average

Synonyms and antonyms of demurrage in the English dictionary of synonyms

SYNONYMS

Translation of «demurrage» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF DEMURRAGE

Find out the translation of demurrage to 25 languages with our English multilingual translator.
The translations of demurrage from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «demurrage» in English.

Translator English - Chinese

滞期费
1,325 millions of speakers

Translator English - Spanish

estadía
570 millions of speakers

English

demurrage
510 millions of speakers

Translator English - Hindi

विलंब शुल्क
380 millions of speakers
ar

Translator English - Arabic

غرامات التأخير
280 millions of speakers

Translator English - Russian

Простои
278 millions of speakers

Translator English - Portuguese

demurrage
270 millions of speakers

Translator English - Bengali

বিলম্বশুদ্ধ
260 millions of speakers

Translator English - French

surestarie
220 millions of speakers

Translator English - Malay

Demurrage
190 millions of speakers

Translator English - German

Liegegeld
180 millions of speakers

Translator English - Japanese

滞船
130 millions of speakers

Translator English - Korean

체선료
85 millions of speakers

Translator English - Javanese

Demurrage
85 millions of speakers
vi

Translator English - Vietnamese

trể hạn
80 millions of speakers

Translator English - Tamil

சுணக்கக் கட்டணம்
75 millions of speakers

Translator English - Marathi

भुर्दंड
75 millions of speakers

Translator English - Turkish

bekleme süresi
70 millions of speakers

Translator English - Italian

controstallie
65 millions of speakers

Translator English - Polish

przestoju
50 millions of speakers

Translator English - Ukrainian

простої
40 millions of speakers

Translator English - Romanian

contrastalii
30 millions of speakers
el

Translator English - Greek

υπερημερίας
15 millions of speakers
af

Translator English - Afrikaans

oorstaangeld
14 millions of speakers
sv

Translator English - Swedish

överliggetid
10 millions of speakers
no

Translator English - Norwegian

demurrage
5 millions of speakers

Trends of use of demurrage

TRENDS

TENDENCIES OF USE OF THE TERM «DEMURRAGE»

The term «demurrage» is normally little used and occupies the 122.618 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
43
/100
The map shown above gives the frequency of use of the term «demurrage» in the different countries.
Principal search tendencies and common uses of demurrage
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «demurrage».

FREQUENCY OF USE OF THE TERM «DEMURRAGE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «demurrage» during the past 500 years. Its implementation is based on analysing how often the term «demurrage» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about demurrage

EXAMPLES

10 ENGLISH BOOKS RELATING TO «DEMURRAGE»

Discover the use of demurrage in the following bibliographical selection. Books relating to demurrage and brief extracts from same to provide context of its use in English literature.
1
Laytime and Demurrage
Laytime and Demurrage is an indispensable book for those new to laytime and demurrage as well as anyone who needs a more in-depth analysis. It is considered to be the main source of authority on all issues to do with laytime and demurrage.
John Schofield, 2013
2
The Petroleum Shipping Industry: Operations and practices
If actual time used is more than the time agreed, the owner is entitled to a demurrage payment from the charterer. The demurrage rate is negotiated between a charterer and owner or, infrequently, referenced to a demurrage table in the ...
Michael D. Tusiani, 1996
3
Uniform Demurrage Code; Committee Reports and Proceedings
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1910. Excerpt: ... Rule 8.--Demurrage charge.
National Association of Commissioners, 2010
4
The law of pleading and evidence in civil actions: arranged ...
If a ship be detained, the daily rate of demurrage mentioned in the charter party will, in general, be the measure of the damages to be paid, but it is not the absolute or necessary measure ; more or less may be payable, as justice may require, ...
John Simcoe Saunders, 1831
5
Carriage of Goods by Sea in the Practice of the USSR ...
LAYTIME, DEMURRAGE AND DISPATCH 10.1 Introduction This chapter will deal with laytime, additional laytime, demurrage, and dispatch money. Laytime or lay days usually means the time allowed by the shipowner to the charterer under a ...
W. A. Timmermans, 1990
6
Managing Time and Space in the Modern Warehouse: With ...
Advance pickup scheduling and delivery notices, plus proper yard and dock management, should keep railroad demurrage and truck and container detention to an absolute minimum. Any receiving and shipping delays resulting from improper ...
Ernst F. Bolten, 1997
7
Money: Understanding and Creating Alternatives to Legal Tender
Demurrage,. and. Stamp. Scrip. Some of the most notable examples of successful scrip issues were instigated by Silvio Gesell, a successful German businessman who lived much of his life in South America and who, at one point between the ...
Thomas Greco, 2001
8
The Law Relating to Demurrage
This is a pre-1923 historical reproduction that was curated for quality. Quality assurance was conducted on each of these books in an attempt to remove books with imperfections introduced by the digitization process.
J. E. R. Stephens, 2008
9
Demurrage and Car Efficiency
This is a reproduction of a book published before 1923.
Forrest Alten Pontious, 2010
10
A Treatise on the Laws of Commerce and Manufactures and the ...
Demur- Demurrage is an allowance made to the master or owners of ««e- (a) a snjp Dy the merchant freighter, for being detained in port longer than the time appointed and agreed for its departure. Demurrage indeed is nothing more than a ...
Joseph Chitty, 1824

10 NEWS ITEMS WHICH INCLUDE THE TERM «DEMURRAGE»

Find out what the national and international press are talking about and how the term demurrage is used in the context of the following news items.
1
Loss mitigation in demurrage and detention
In November 2006 the carrier filed suit against the shipper before the US District Court for the Central District of California for demurrage of the ... «International Law Office, Jul 15»
2
Importers groan as Customs returns to 100% manual cargo inspection
It has also hiked the cost of doing business at the port, as importers now spend a lot of money on demurrage to shipping companies, as well as ... «BusinessDay, Jul 15»
3
Release My Container – Urges Udayanga Weeratunga
On 22 June we were informed that we could take the container after paying to the Ports Authority the cost of shipping and the demurrage ... «Asian Tribune, Jul 15»
4
Buhari's slow action creates room for sacked agencies to return to …
... as importers are expected to pay corresponding storage and demurrage charges to terminal operators and shipping companies for not taken ... «BusinessDay, Jul 15»
5
Any asset, any attribute
... not only improves the planning process from origin to destination, but it also helps reduce costly demurrage charges for cars that sit idle. «RailwayAge Magazine, Jul 15»
6
From famine relief to being lifeline of Madras
Revenue was realized by collecting licensing fees for the boats and wharfage and demurrage. Various proposals were considered from time to ... «Times of India, Jul 15»
7
PIRA Energy Group's Weekly Oil Market Recap for the Week Ending …
... while in-transit or delayed upon arrival resulting in substantial opportunity and demurrage costs well in excess of current contango credits. «Benzinga, Jul 15»
8
Ports - Stakeholders Count Gains of Commercial Regulation
... arbitration mechanisms; prompt issuance of ship sailing certificate; and reduction in demurrage accumulation against shipping companies.". «AllAfrica.com, Jul 15»
9
LEAP publishes new Northwest Europe Barge General Terms and …
The determination of laytime and demurrage also involves consideration of the TTB Rules and German federal law. It is these peculiarities of ... «Lexology, Jul 15»
10
Petroleum products: Oil industry blames HDIP for dubious testing
... testing of imported oil shipments and that has led to delay in lifting of the cargo, burdening the consumers with hefty demurrage costs. The Oil ... «The Express Tribune, Jul 15»

REFERENCE
« EDUCALINGO. Demurrage [online]. Available <https://educalingo.com/en/dic-en/demurrage>. May 2024 ».
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