Demurrage

Language - English

Telugu Word - కణక్కుక్ కట్టణమ్

A charge payable to the owner of a chartered ship on failure to load or discharge the ship within the time agreed. (e.g., The importer had to pay demurrage charges for the delayed clearance of goods at the port.) While not directly related to land transactions, 'Demurrage' could appear in historical Telangana documents, especially in coastal regions, as it was a common practice in maritime trade. It highlights the importance of timely cargo handling and its potential financial implications.