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Demurrage" / d ɪ ˈ m ʌ r ɪ dʒ / [1] in vessel chartering is the period when the charterer remained in possession of the vessel after the period normally allowed to load and unload cargo . [2] By extension, demurrage refers to the charges that the charterer pays to the ship owner for its delayed operations of loading/unloading. [ 3 ]
Affreightment (from freight) is a legal term relating to shipping.. A contract of affreightment is a contract between a ship-owner and a charterer, in which the ship-owner agrees to carry goods for the charterer in the ship, or to give the charterer the use of the whole or part of the ship's cargo-carrying space for the carriage of goods on a specified voyage or voyages or for a specified time.
Each party as it came into power voted to raise or lower tariffs under the constraints that the Federal Government always needed a certain level of revenues. The United States public debt was paid off in 1834 and President Andrew Jackson , a strong Southern Democrat, oversaw the cutting of the tariff rates roughly in half and eliminating nearly ...
Demurrage in a currency system reduces discount rates, and thus increases the present value of a long-term investment, and thus gives an incentive for such investments. [ 1 ] Unlike inflation , demurrage gradually reduces only the value of currency held: it functions as a negative interest (a tax) on currency held versus inflation that also ...
AOL Mail gives you the personalized mail experience you've always wanted. Learn how to update your settings to make AOL Mail look and feel exactly how you need it. Netscape Internet Service (ISP) · Jan 30, 2024
No-penalty CDs and savings accounts are low-risk investments that offer a safe way to grow your money while earning interest. Here's how to match your cash to the best savings strategy for you.
Once again, the app became an outlet for my thoughts and feelings. I started making videos counting down to the day of my amputation . I'd seen a few trends of people doing stuff like that, and I ...
President-elect Donald Trump on Tuesday intensified his push for American expansionism, refusing to rule out using military force to add Greenland to the United States and retake control of the ...