(Lat. demorar, to delay), in Commerce, an allowance made to the master of a ship for delay or Demurrage detention in port beyond the time appointed for his departure. This expense is paid by the merchant who causes the detention.
(Lat. demorar, to delay), in Commerce, an allowance made to the master of a ship for delay or Demurrage detention in port beyond the time appointed for his departure. This expense is paid by the merchant who causes the detention.