A cost associated with delay. It takes different forms in different contexts, such as when a ship is delayed in loading or unloading, or when currency or gold are held over time.
Found op http://www-personal.umich.edu/~alandear/glossary/d.html
In maritime law, demurrage is the time during which a vessel is detained by the freighter, beyond that originally stipulated, in loading or unloading. When a vessel is thus detained she is said to be on demurrage. The name is also given to the compensation which the freighter has to pay for such del...
Found op http://www.probertencyclopaedia.com/browse/RD.HTM
The term demurrage originated in vessel chartering (notably voyage 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 (laytime). By extension demurrage refers to the charges that the charterer pays t...
Found op http://en.wikipedia.org/wiki/Demurrage
The detention of a vessel in loading or unloading beyond the time agreed upon. Demurrage charges are usually incurred for any delay.
Found op http://www.encyclo.co.uk/local/21049
A term associated with the charge (monetary) that can be levied against a shipper or consignee who detains a container, truck, ship or railroad car beyond the allotted time for loading and unloading of that piece of transport equipment. Such a monetary 'penalty' is used to offset the loss to the car...
Found op http://www.mhia.org/learning/glossary/d
The freighter of a ship is bound not to detain it, beyond the stipulated or usual time, to load or deliver the cargo, or to sail. The extra days beyond the lay days (being the days allowed to load and unload the cargo), are called the days of demurrage. The term is likewise applied to the payment fo...
Found op http://www.lectlaw.com/def/d131.htm
Demurrage is liquidated damages payable under a charterparty, at a specified daily rate for any days (demurrage days) required for completing the loading or discharging of cargo after the lay days have expired.
Found op http://www.probertencyclopaedia.com/browse/JD.HTM
A fee levied by the shipping company upon the port or supplier for not loading or unloading the vessel by a specified date agreed upon by contract. Usually, assessed upon a daily basis after the deadline.
Found op http://www.insurexchange.com/glossary/maritime.htm
Charge paid by the depositors of grain in the state granaries, see credit
Found op http://www.reshafim.org.il/ad/egypt/glossary.htm
Penalties payable to a shipowner for delays if loading or unloading does not proceed at the rate laid down in the contract. May arise from landside transport problems, port congestion or weather.
Found op http://www.metalbulletin.com/Glossary.html
Found op http://www.mijnwoordenboek.nl/EN/crossword-dictionary/demurrage/1
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