Primage
From Wikipedia, the free encyclopedia
Primage (adopted from the Fr. primage, from prime, recompense, Lat. praemium, reward), a commercial term signifying originally a small customary payment over and above the freight made to the master of the ship for his care and trouble. It is now generally included in the freight, as an additional percentage. It varies according to the usages of different ports and particular trades.
This article incorporates text from the Encyclopædia Britannica Eleventh Edition, a publication now in the public domain.
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