demurrage

Meaning

  1. (countable, uncountable) the detention of a ship or other freight vehicle, during delayed loading or unloading
  2. (countable, uncountable) compensation paid for such detention
  3. (countable, uncountable) a charge made for exchanging currency for bullion
  4. (countable, uncountable) the cost associated with owning or holding currency over a given period
  5. (countable, uncountable) a type of currency which requires paying a fee to store money; a type of currency that discourages using money as a store of value

Synonyms

demurrage charge

overdue payment

deferred charges

extension fee

Translations

αργοπορία

υπερημερία

επισταλίες

surestaries

surestarie

kuntra istalya

غرامة تأخير

Etymology

In summary

1640s, from Old French demorage, from demorer (English demur), from Latin dēmorārī (“to tarry”). By surface analysis, demur (“delay”) + -age, with doubled ‘r’ to clarify pronunciation and avoid ambiguity with demure.

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