- "
Demurrage" /dɪˈmʌrɪdʒ/ in
vessel chartering is the
amount of
liquidated damages owed by a
charterer to a
shipowner when the
charterer remained in possession...
-
Demurrage currency, also
known as
shrinking or
depreciating money: 7 , is a type of
money that is
designed to
gradually lose
purchasing power at a flat...
-
constant rate.
Unlike traditional money,
demurrage is
designed to only be a
temporary store of value.
Demurrage money functions primarily as a
medium of...
- its own credit,
enabling goods to be sold
below cost. The
issuance of
demurrage currency, a form of
money that is
designed to have a
deliberately high...
- that only
takes effect from a ****ure date.
demurrage lien—a carrier's lien on
goods for any
unpaid demurrage charges.
dragnet lien (United States)—a lien...
- charter-parties.
Other terms are
relevant here:
demurrage, dead freight, and cesser,
which are
described below.
Demurrage is a
fixed sum per day or per hour that...
- and
unloading the cargo. If
laytime is exceeded, the
charterer must pay
demurrage. If
laytime is saved, the
charter party may
require the
shipowner to pay...
-
agreed period of laytime. If the
charterer exceeds the
allowed laytime,
demurrage becomes payable. In a
voyage charter, the
route is pre-arranged and the...
-
England in 1694.
German economist Silvio Gesell proposed in 1891 that
demurrage currency could be
enabled by
stamp duties,
which would in turn stimulate...
- he
remembers her with
affection and admiration. Not the same as
Aliss Demurrage.
Generally referred to as "Goodie
Whemper maysherestinpeace". She trained...
