laytime

laytime. Maritime law. Time allowed by a voyage charterparty for the charterer to load or unload cargo. • If more time is used, the vessel’s owner is entitled to compensation for the delay, usu. in the form of demurrage. If less time is used, the owner may pay dispatch. See DEMURRAGE; DISPATCH; LAYDAY. [Cases: Shipping 47, 181. C.J.S. Shipping §§ 113–114, 450.]

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词条贡献者

译者Lisa，毕业于美国顶尖的高级翻译学院，擅长翻译涉及体育及娱乐业领域的法律文件。