Demurrage, Department, Deposition, Depreciable Life :




Demurrage : the compensation payable to the carrier for the delay, exceeding the time allowed for loading or unloading



Department : A separate part or a division of a company that accommodates people engaged in related tasks



Deposition : The testimony sworn by a witness outside the court to a stenographer, to be presented in court at the time of trial



Depreciable Life : the expected time span over which a piece of equipment is depreciated : the expected useful life of the equipment




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