Demurrage

/dɪmˈʌɹɪdʒ/

/dɪmˈɜːɹɪdʒ/

Demurrage

detention of a ship or freight car or other cargo beyond its scheduled time of departure

a charge required as compensation for the delay of a ship or freight car or other cargo beyond its scheduled time of departure

Examples

1. It more has become a technical term within those circuits, only these currencies on a local or regional level, and often demurrage.

2. So you increase velocity by increasing the transactions, and this is why you have demurrage, for instance.