Affreightment sentence example
- Affreightment >>
- - Adjustment Except as provided in the foregoing rules, the adjustment shall be drawn up in accordance with the law and practice that would have governed the adjustment had the contract of affreightment not contained a clause to pay G.A.
- avarie, and was early spelt "averays," recurring also as "avaria," "averia," and meaning a certain tax on goods, and then more precisely in maritime law any charge additional to "freight" (see Affreightment), payable by the owner of goods sent by ship. Hence the modern employment of the term for particular and general average (see below) in marine insurance.
- The difficulty, which at one time seemed nearly insuperable, of bringing together the rules in force in the several maritime countries, has been to a large extent overcome - not by legislation but by framing a set of rules covering the principal points of difference in such a manner as to satisfy, on the whole, those who are practically concerned, and to lead them to adopt these rules in their contracts of affreightment and contracts of insurance (see Insurance: Marine).