what does demurrage charges mean
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- Definition of demurrage. 1 : the detention of a ship by the freighter beyond the time allowed for loading, unloading, or sailing. 2 : a charge for detaining a ship, freight car, or truck.
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What does the legal term demure mean? The word demur in a court case means to object. This is a word that came into use from the old legal day. This is a Latin term that is constantly used in old legal cases.
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demurrage 1. Penalty for exceeding free time (usually 72 hours) allowed for taking delivery of a shipment from the shipping or transporting company's warehouse.
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Commonwealth Consolidated Acts unlisted disclosing entity  has the meaning given by subsection 111AL(2). unreasonable director-related transaction  has the meaning given by section 588FDA. unsecured  , in relation to a debt, has in Part 5.7B a meaning affected by section 588D. value  , in relation to an asset, includes amount.nlisted disclosing entity  has the meaning given by subsection 111AL(2). unreasonable director-related transaction  has the meaning given by section 588FDA. unsecured  , in relation to a debt, has in Part 5.7B a meaning affected by section 588D. value  , in relation to an asset, includes amount.
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Deferred financing cost Deferred financing cost. From Wikipedia, the free encyclopedia. Deferred financing costs or debt issuance costs is an accounting concept meaning costs associated with issuing debt (loans and bonds), such as various fees and commissions paid to investment banks, law firms, auditors, regulators, and so on.Since these payments generate future benefits, they are treated as an asset.eferred financing cost. From Wikipedia, the free encyclopedia. Deferred financing costs or debt issuance costs is an accounting concept meaning costs associated with issuing debt (loans and bonds), such as various fees and commissions paid to investment banks, law firms, auditors, regulators, and so on.
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Demurrer A demurrer is a pleading in a lawsuit that objects to or challenges a pleading filed by an opposing party. The word demur means to object; a demurrer is the document that makes the objection. Lawyers informally define a demurrer as a defendant saying, So what? to the pleading.[1]
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- I’m sure you are aware NS adopted Tariff series, NS 6004, on March 1, 2000 tocover demurrage and other related storage charges. This tariff allows for simplifi-cation of demurrage and storage, providing uniform billing across the expandedNS system.ydoing so, NS can better serve our customers by ensuring there is sufficient equip-ment available.Tariff NS 6004 divides railcars into two basic groups: those that are railroad-owned and those that are privately owned. Section 1 of the tariff covers demur-rage rules for railroad-owned equipment.
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- Definition of DEMURRAGE. 1. : the detention of a ship by the freighter beyond the time allowed for loading, unloading, or sailing. 2.: a charge for detaining a ship, freight car, or truck.ADVERTISEMENT.. : the detention of a ship by the freighter beyond the time allowed for loading, unloading, or sailing.
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What is DEMURRER? What is DEMURRER? In pleading. The formal mode of disputing the sufficiency in law of the pleading of the other side.
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- By extension, demurrage refers to the charges that the charterer pays to the shipowner for its extra use of the vessel. Officially, demurrage is a form of liquidated damages for breaching the laytime as it is stated in the governing contract (the charter party).The demurrage sometimes causes a loss to the seller as it increases cost of the total freight. Today, however, demurrage has a slightly differen meaning.he demurrage sometimes causes a loss to the seller as it increases cost of the total freight.
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Demurrage vs Detention Demurrage vs Detention Submitted by K.Candice Talleur on Mon, 08/27/2012 - 14:57 There are many shipping terms that even people within the shipping industry have had trouble with at one time or another.
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What is a 'Deferred Charge' DEFINITION of 'Deferred Charge'. A prepaid expense that is treated as an asset on a balance sheet and is carried forward until it is actually used. Deferred charges often stem from a business making a payment for a good or service that it has not yet received, such as the prepaying of insurance premiums or rent.
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DEFINITION of 'Demurrage' DEFINITION of 'Demurrage'. A term used in currency trading to denote the cost of currency ownership and/or storage. It is essentially considered to be the cost of carrying money, and is in some respects considered superior to interest payments, as it stimulates currency circulation and economic growth.Next Up. term used in currency trading to denote the cost of currency ownership and/or storage. It is essentially considered to be the cost of carrying money, and is in some respects considered superior to interest payments, as it stimulates currency circulation and economic growth.
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What is a 'Deferred Charge' A company may capitalize the underwriting fees on a corporate bond issue as a deferred charge, subsequently amortizing over the life of the bond issue. Deferred charges refer to payments that the company has made prior to receiving the corresponding goods and/or services.
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What does it mean when a Demurrer from the Defendant is denied and what are the causes for it being denied? If the court overrules (denies) the demurrer, it is saying that it disagrees with the demurrer, and if it is a defendant's demurrer, the defendant must now answer within 10 days, or as ordered, per Rule of Court 3.1320(j). In a few kinds of cases such as unlawful detainer, the answer is due in 5 days.
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- Arbitrage. Arbitrage is the technique of simultaneously buying at a lower price in one market and selling at a higher price in another market to make a profit on the spread between the prices.rbitrage is not a long-term investment strategy but a short-term trading strategy to exploit short-term pricing inefficiencies. Arbitrage helps ensure that prices do not deviate too far from an asset's fair value for long periods.
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- TARIFF OF DEMURRAGE AND DETENTION DEFINITIONS: “Demurrage”: the charge, related to the use of the equipment only, the merchant pays for carrier's equipment kept beyond the free time allowed by the carrier for taking delivery of goods in the port, terminal or depot.ARIFF OF DEMURRAGE AND DETENTION DEFINITIONS: “Demurrage”: the charge, related to the use of the equipment only, the merchant pays for carrier's equipment kept beyond the free time allowed by the carrier for taking delivery of goods in the port, terminal or depot.
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arrearage arrearage. 1  the state or condition of being in arrears. 2  Often, arrearages. arrears; amount or amounts overdue. 3  Archaic. a thing or part kept in reserve.
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- In sea freight, the word demurrage is used in two manners. One relates to charges that arise as a consequence of a delay to a chartered ship, the other relates to charges that arise as a consequence to a delay in returning equipment - normally containers or trailers.
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What does the legal term demure mean? Confidence votes 2.0K. I think the term you're looking for is demur.. To demur is to acknowledge that a statement of facts is true, but is still insufficient to proceed against the disfavored party. For example, Joe makes a complaint to the police about a party that his neighbor Bob is hosting.
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Difference Between Detention and Demurrage Difference Between Detention and Demurrage. Detention and Demurrage are words commonly used in the context of the shipping industry. These are also words that are often clubbed together as if being synonymous.
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Arbitrage In economics and finance, arbitrage (US /ˈɑːrbᵻtrɑːʒ/, UK /ˈɑːbᵻtrɪdʒ/, UK /ˌɑːbᵻtrˈɑːʒ/) is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices.
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Status codes For up-to-date details on the HTTP specification, see the latest HTTP/1.1 drafts. The values of the numeric status code to HTTP requests are as follows. The data sections of messages Error, Forward and redirection responses may be used to contain human-readable diagnostic information.
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Terms and Conditions See Accessorial Tariff UP 6004 for details on extra-services charges for most shipments. These include Demurrage (General), Demurrage (Chargeable Events), overloads and diversions. Our top priority is to provide safe, reliable transportation for our customers.
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demurrage 1. : the detention of a ship by the freighter beyond the time allowed for loading, unloading, or sailing.2. : a charge for detaining a ship, freight car, or truck.. : the detention of a ship by the freighter beyond the time allowed for loading, unloading, or sailing.
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DEFINITION of 'Demurrage' DEFINITION of 'Demurrage'. A term used in currency trading to denote the cost of currency ownership and/or storage. It is essentially considered to be the cost of carrying money, and is in some respects considered superior to interest payments, as it stimulates currency circulation and economic growth. Next Up.