Meaning of Demurrage | Babel Free
Definitions
- 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
Equivalents
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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