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- If the laytime is exceeded, demurrage is incurred.en.wikipedia.org
- Criteria for allowable demurrage, payment conditions, and payment terms for demurrage are typically prenegotiated and accepted by the vendor via contract prior to conduct of business.en.wikipedia.org
- The demurrage sometimes causes a loss to the seller as it increases cost of the total freight.en.wikipedia.org
- Sometimes the number of days the vessel may be kept on demurrage at the agreed rate is fixed by the charter-party.en.wikipedia.org
- The demurrage associated with e-gold is arguably expended by the currency operator to help cover real storage costs.en.wikipedia.org
- 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.en.wikipedia.org
- Some vendors allow free no-cost time for limited hour(s) when demurrage occurs, others do not allow free time for delays.en.wikipedia.org
- The demurrage charge is normally an hourly rate.en.wikipedia.org
- Some complementary currencies take advantage of demurrage fees, an intentional devaluation of the currency over time, like negative interest.en.wikipedia.org
- The term demurrage has been incorrectly extended to use in the hire or rental of assets other than ships.en.wikipedia.org
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