FREIGHT
freight.1. Goods transported by water, land, or air; CARGO.
2. The compensation paid to a carrier for transporting goods. [Cases: Carriers 189; Shipping 144. C.J.S. Aeronautics and Aerospace ¡ì 231; Carriers ¡ì¡ì 470¨C472, 474; Shipping ¡ì 368.]
¡°Freight, in the common acceptation of the term, means the price for the actual transportation of goods by sea from one place to another; but, in its more extensive sense, it is applied to all rewards or compensation paid for the use of ships, including the transportation of passengers.¡± 3 James Kent, Commentaries on American Law *219 (George Comstock ed., 11th ed. 1866).
dead freight. The amount paid by a shipper to a shipowner for the ship’s unused cargo space. [Cases: Shipping 147. C.J.S. Shipping ¡ì¡ì 369¨C370.]
What is the preferred translation of the term FREIGHT by Chinese lawyers?
About LegalLingo