"Demurrage" /dɪˈmʌrɪdʒ/ in vessel chartering is the amount of liquidated damages owed by a charterer to a shipowner when the charterer remained in possession...
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Demurrage currency, also known as depreciating money: 7 or stamp scrip in its paper money form, is a type of money that is designed to gradually lose...
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Monetary reform (section Demurrage currency)
basic income The etymology for demurrage currency comes from the concept of demurrage. In the shipping industry, "demurrage" refers to a charge that is assessed...
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that only takes effect from a future date. demurrage lien—a carrier's lien on goods for any unpaid demurrage charges. dragnet lien (United States)—a lien...
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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...
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positive return, or carry, on issued notes and coins (money in circulation). Demurrage, the opposite, is the cost of holding currency. An example of an exchange...
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Chiemgauer (section Demurrage)
euro and favors local small businesses, stimulating transactions through demurrage. Express-Money: Example for a complementary currency on a national level...
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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...
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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...
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Inflation (section Demurrage currency)
tend to purchase,: 4 so if demurrage currency eliminates interest rates, then prices are less likely to increase. Demurrage would also naturally cause...
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Witches (Discworld) (section Aliss Demurrage)
he remembers her with affection and admiration. Not the same as Aliss Demurrage. Generally referred to as "Goodie Whemper maysherestinpeace". She trained...
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Usury (section Demurrage currency)
economist, Silvio Gesell, advocated for demurrage as part of the Freiwirtschaft economic system. He referred to demurrage as Freigeld 'free money'. Gesell theorized...
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chronological order and is used for the calculation of the lay time and demurrage. The Statement of Facts may aid in the resolution of conflicts by providing...
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assessment of hazardous and awkward materials, carrier choice and fees, demurrage, documentation, expediting, freight consolidation, insurance, reconsignment...
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England in 1694. German economist Silvio Gesell proposed in 1891 that demurrage currency could be enabled by stamp duties, which would in turn stimulate...
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Retrieved 15 July 2019. "Detention and demurrages who pays". JOC.com. 26 August 2017. Retrieved 15 July 2019. "Demurrage and detention charges in container...
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Digital gold currency Hawala History of money Metallism Private currency Demurrage currency Prison commissary § Items used as currency Shell money O'Sullivan...
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discharging are delayed. If a tramp ship is delayed the charterer pays demurrage, which is a penalty, to the ship owner. The number of days a tramp ship...
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customs and on-carriage) are to be borne by buyer. However, any delay or demurrage charges at the terminal will generally be for the seller's account. Some...
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transportation from those ports before unloaded cargoes would incur detention and demurrage charges—i.e., late fees. Four shipping lines—CMA CGM, then COSCO and Evergreen...
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includes inland haulage, customs clearance, origin documentation charges, demurrage if any, origin port handling charges, in this case Vancouver). The buyer...
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as much about the immediate impact on exchange rates or capital flows. Demurrage currency Reserve currency Seigniorage Euro Curcuru et al. (2013). Eichengreen...
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The Wära was a demurrage currency used in Germany that was introduced in 1926 as a free economy experiment. It was introduced by Hans Timm and Helmut...
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is exceeded, a predetermined penalty (i.e. liquidated damages) called "demurrage" is incurred. If the whole period of laytime is not needed, a refund called...
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Affreightment Agency Barratry Bill of lading Brokerage Chartering Consignment Demurrage Force majeure Invoice Commercial Pro forma Laytime Lien Maritime Manifest...
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Affreightment Agency Barratry Bill of lading Brokerage Chartering Consignment Demurrage Force majeure Invoice Commercial Pro forma Laytime Lien Maritime Manifest...
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money Mutilated currency Optimum currency area Slang terms for money Demurrage currency Virtual currency World currency Accounting units Currency pair...
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Affreightment Agency Barratry Bill of lading Brokerage Chartering Consignment Demurrage Force majeure Invoice Commercial Pro forma Laytime Lien Maritime Manifest...
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of interest rates is correct, then demurrage currency would theoretically have no interest rates, since demurrage money cannot be used as a long-term...
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