Definition of "demurrage" in Englisch

noun

1. (shipping) 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