dead freight (0 synonym found)

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Definition of dead freight:

(n) : 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.

Definition of dead freight:

(n) : 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.

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