draftage
A fee charged on a small proportion of the dry weight of certain types of goods being shipped.
Noun
- A fee charged on a small proportion of the dry weight of certain types of goods being shipped.
- Payment for ores and concentrates, etc. — A deduction of 1 per cent. is made from the net dry weight of all fine materials as draftage. - 1949, Australia. Bureau of Mineral Resources, Geology and Geophysics, The...
Origin
From draft + -age, from draft (“quantity”).