DEMURRAGE (from " demur," Fr. demeurer, to delay, derived from Lat. mora)

This article appears in Volume V08, Page 17 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: DEM-DIO

DEMURRAGE (from " demur," Fr. demeurer, to delay, derived from Lat. mora) , in the law of

merchant

MERCHANT (O. Fr. marcheant, modern marchand; from Lat. mercari, to trade, merx, goods, merchandise)

shipping

SHIPPING

, the sum payable by the freighter to the shipowner for detention of the

vessel

VESSEL (O. Fr. vaissel, from a rare Lat. vascellum, dim. of vas,
vase
- VASE
- VASE (through Fr. from Lat. vas, a vessel, pl. vasa, of which the singular vasum is rarely found; the ultimate
  root
  - ROOT (late O.E. rot, adopted from Scand., cf. Norw. and Swed. rot, Dan. rod; the true O.E. word was wyrt, plant, represented in Ger. Wurz or Wurzel; the ultimate root is the same in both words, and is seen in Lat. radix)
  - ROOT, ELIHU (1845– )
  is probably was-, to cover, seen in Lat: vestis, clothing, Eng. " vest," Gr. to-th c, and also in " wear," of garments)
, urn)

in port beyond the number of days allowed for the purpose of loading or unloading (see

AFFREIGHTMENT

AFFREIGHTMENT (from " freight," q.v.)

: under Charter-parties). The word is also used in railway law for the charge on detention of trucks; and in banking for the charge per ounce made by the

Bank

BANK

England

ENGLAND
ENGLAND, THE CHURCH OF

in exchanging

coin

or notes for

bullion

BULLION

.

End of Article: DEMURRAGE (from " demur," Fr. demeurer, to delay, derived from Lat. mora)

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