"Demurrages" Pronounce,Meaning And Examples
"Demurrages" Natural Recordings by Native Speakers
"Demurrages" Meaning
Demurrages are charges or fees imposed on a ship, cargo, or package by a carrier, warehouse, or other party for the delay or retention of goods, containers, or vehicles beyond a specified time or period. The term typically applies in the context of shipping, logistics, or supply chain operations. Demurrages are often charged to cover the costs of storage, handling, or other expenses incurred during the delay.
"Demurrages" Examples
Definition:
Demurrages refer to the charges made by a railroad or shipping company for the delay or detention of a shipment or cargo beyond a specified time.
Examples:
The importer was surprised to receive a demurrage fee from the shipping company for the delayed arrival of their cargo.
Due to the congestion at the port, the freight forwarder was forced to pay demurrages to the shipping line for the detention of their containers.
The company's logistics department worked closely with the shipping carrier to avoid incurring demurrages and minimize delays.
Demurrages can add significant costs to a company's bottom line, especially for businesses that rely on just-in-time delivery.
The shipping company's demurrage policy clearly states that any cargo held beyond 24 hours will incur a penalty fee.
"Demurrages" Similar Words
Demulsion
Demulsion refers to a mixture of a liquid with a colloidal suspension, typically used in chemistry and biology to describe a mixture of a liquid with a insoluble solid, such as protoplasm, that is capable of flowing like a liquid.
Demur
To demur means to hesitate or express reluctance in agreeing or doing something. It can also mean to object or disagree, often in a polite or hesitant way.
Demure
Demureness
Demureness is a noun that refers to a quiet, reserved, and modest quality of behavior or manner. It can also imply a lack of confidence or a tendency to be self-effacing. A person who is demure is often polite, courteous, and unassuming, and may avoid drawing attention to themselves. Democrateters or behaves in a way that is subdued and unobtrusive.
Demurer
A demurer is a noun that refers to a person who is hesitant or unwilling to take action, make a decision, or express an opinion.
Demurity
Demurrage
Demurrage refers to a fee or charge imposed by a railway company, warehouse, or other carrier for the use of their facilities or services beyond the agreed-upon time, typically for storage or holding of goods.
Demurral
Demurral refers to a protest or objection to an idea, proposal, or suggestion, often diplomatic or hesitant in nature. It can also imply a reluctance or unwillingness to agree or comply. The word is often used in formal or business contexts to describe a mild or polite expression of dissent or disagreement. For example: "The company's decision to lay off employees met with demurral from many employees, who felt it was unfair and unnecessary."
Demurred
Demurred means to politely refuse or decline something, often without directly saying no. It can also mean to hesitate or delay making a decision because one is unsure or unwilling to commit.
Demurrer
A demurrer is a formal objection to a complaint, petition, or pleading in a legal action, typically alleging that the pleading does not state a valid claim or that it is defective in some way. In other words, a demurrer is a motion to dismiss a lawsuit or a legal claim because the complaint or petition does not provide sufficient information to support the allegations made.
Demurring
Demurs
Demutualisation
Demutualization is the process by which a mutual organization, such as a mutual insurance company or a mutual bank, transforms itself into a shareholder-owned company, often through an initial public offering (IPO). In a mutual organization, the customers or members are the owners, whereas in a shareholder-owned company, the ownership is held by outside investors who buy and sell shares. Demutualization typically occurs to raise capital, increase efficiency, and increase competitiveness.
Demutualise
Demutualised
Demutualised refers to an organization or company that has undergone a change in its ownership structure, typically from a mutual entity, such as a mutual society or trust, to a publicly listed company or a private company with non-member ownership. In a demutualization, the former members or stakeholders of the mutual organization are usually given shares or other financial rewards in exchange for their loss of ownership and control. This type of change often occurs when a mutual organization seeks to access additional capital or increase its competitiveness in the market. The word has become synonymous with the process of converting a mutual into a public company, often associated with the changes in the financial sector.