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Meaning of demurrage

de•mur•rage

Pronunciation: (di-mûr'ij), [key]
— n. Com.
  1. the detention in port of a vessel by the shipowner, as in loading or unloading, beyond the time allowed or agreed upon.
  2. the similar undue detention of a railroad car, truck, etc.
  3. a charge for such undue detention.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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