Dead freight

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....dition). In Stroud's Judicial Dictionary, fourth edition, at page 689, the term "dead freight" is defined as denoting "an agreed sum to be paid in respect of space not filled according to charter, or damages provided for by a charter, in the event of the freighter not loading a full cargo". In Butterworth's Words and Phrases Legally Defined, 1969 edition, at page 293, the word "de....

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....ut an unliquidated compensation for the loss of freight recoverable in the absence and place of freight'. In construing the charter party it must be assumed that the parties understood the meaning of the terms they employed and that, amongst others, the term 'dead freight' meant (according to Lord Ellenborough's definition) 'an unliquidated compensation for the loss of freight&....