Affreightment

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affreightment
n. renting of cargo ships


Wikipedia English The Free EncyclopediaDownload this dictionary
Affreightment
Affreightment (from freight) is a legal term used in shipping. Contract of Affreightment is the expression usually employed to describe the contract between a ship-owner and another person called the charterer, by which the ship-owner agrees to carry goods of the charterer in his ship, or to give to the charterer the use of the whole or part of the cargo-carrying space of the ship for the carriage of his goods on a specified voyage or voyages or for a specified time. The charterer on his part agrees to pay a specified price, called freight, for the carriage of the goods or the use of the ship.
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Webster's Revised Unabridged Dictionary (1913)Download this dictionary
Affreightment
(n.)
The act of hiring, or the contract for the use of, a vessel, or some part of it, to convey cargo.
  

Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter. About

Duhaime.org Legal DictionaryDownload this dictionary
Affreightment
A transportation contract whereby a transportation company, shipowner or operator agrees to carry goods in return for a sum of money, the sum being paid called freight. - (read more on Affreightment)
  
Free English-Vietnamese DictionaryDownload this dictionary
affreightment

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