demurrage

Definition of "demurrage"
  1. A fee charged for the retention of a shipping carrier's equipment beyond the agreed-upon time
How to use "demurrage" in a sentence
  1. The company had to pay demurrage when their delivery wasn't unpacked on time.
  2. Due to a delay in unloading, we incurred a demurrage fee from the freight company.
  3. To avoid the cost of demurrage, all containers should be cleared and returned promptly.

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