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demurrage

noun

  1. overextension of detention of ship by freighter
  2. fee charged for detension of ship, truck, etc in logistics
L1013288 on Wikidata ↗

Wiktionary

noun

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.

  1. the detention of a ship or other freight vehicle, during delayed loading or unloading
  2. compensation paid for such detention
  3. a charge made for exchanging currency for bullion
  4. the cost associated with owning or holding currency over a given period
  5. 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