demurrage

/dɪˈmʌrɪdʒ/ iˈmʌrɪdʒ

Definitions

1. noun

a delay or detention charge imposed on a ship, aircraft, or other vehicle for failing to leave a port or terminal on time

“The shipping company was fined $10,000 in demurrage charges due to its delayed departure.”

Synonyms

  • delay fee
  • penalty charge

Antonyms

  • early departure
  • on-time arrival