| Part of Speech | Definition | |
| Expression | 1. (Mar. Law), a sum of money paid by a person who charters a whole vessel but fails to make out a full cargo. The payment is made for the unoccupied capacity. --Abbott.[Websters]. | |
| Top | ||
Common Expressions: DEAD FREIGHT
| Expressions | Definition | ||
| Dead freight | (Mar. Law), a sum of money paid by a person who charters a whole vessel but fails to make out a full cargo. The payment is made for the unoccupied capacity. --Abbott. Source: Webster's Revised Unabridged Dictionary. | ||
Source: compiled by the editor from various references; see credits. | Top | ||
Specialty Expressions: DEAD FREIGHT
| Expressions | Domain | Definition | |
| Dead freight | Energy | The freight charges paid by the charterer of a vessel for contracted space which is left partially unoccupied. (references) | |
| Dead freight | Law | DEAD FREIGHT, contracts. 1. When the charterer of a vessel has shipped part of the goods on board, and is not ready to ship the remainder, the master, unless restrained by his special contract, may take other goods on board, and the amount which is not supplied, required to complete the cargo, is called dead freight. 2. The dead freight is to be calculated according to the actual capacity of the vessel. 3 Chit. Com. Law; 399 Stark. 450. (references) | |
| Dead freight | Literature | That part of a cargo which does not belong to the freight. Dead freight is not counted in the freight, and when the cargo is delivered is not to be reckoned. Source: Brewer's Dictionary. | |
Source: compiled by the editor from various references; see credits. | Top | ||
