释义 |
demurrage demurrage1. Liquidated damages payable under a charterparty (seechartering), at a specified daily rate for any days (demurrage days) required for completing the loading or discharging of cargo after the lay days have expired. demutualization The act by which a mutual, such as a building society, changes its status to that of a public limited company. In the 1980s and 1990s this was seen in the retail financial services industry worldwide. |