punnage
/ˈpʌnɪdʒ, ˈpʌnɪdʒ/ or /ˈpʌnɪdʒi/Definitions
1. noun
A payment or fee for the privilege of trading with a merchant ship, especially in a foreign port.
“The merchant had to pay a significant amount of punnage to dock at the foreign port.”
2. noun
A payment or tax, especially in the 17th and 18th centuries, levied on merchant ships in English ports.
“The shipowner was required to pay a certain amount of punnage to the English authorities.”
3. noun
The cargo or goods carried on a merchant ship.
“The ship’s punnage was inspected by customs officials before it could dock.”