Definition of DEMURRAGE

demurrage

Plural: demurrages

Noun

  • a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure
  • detention of a ship or freight car or other cargo beyond its scheduled time of departure
  • the detention of a ship or other freight vehicle, during delayed loading or unloading
  • compensation paid for such detention
  • a charge made for exchanging currency for bullion
  • the cost associated with owning or holding currency over a given period
  • 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

Origin / Etymology

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.

Antonyms

despatch

Scrabble Score: 13

demurrage: valid Scrabble (US) TWL Word
demurrage: valid Scrabble Word in Merriam-Webster MW Dictionary
demurrage: valid Scrabble Word in International Collins CSW Dictionary

Words With Friends Score: 16

demurrage: valid Words With Friends Word