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Freight

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Updated: Aug 20, 2021

The money paid by a charterer to a shipowner in consideration of the latter letting the ship or space within the ship. The money is not payable until the goods are delivered to the ship.

Reference: The Penguin Business Dictionary, 3rd edt.


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James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.