lay days

lay days
The number of days allowed to a ship to load or unload without incurring demurrage Reversible lay days permit the shipper to add to the days allowed for unloading any days he has saved while loading. Lay days may be calculated as running days (all consecutive days), working days (excluding Sundays and public holidays), or weather working days (working days on which the weather allows work to be carried out).

Big dictionary of business and management. 2014.

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  • Lay days — Lay Lay, a. [F. lai, L. laicus, Gr. ? of or from the people, lay, from ?, ?, people. Cf. {Laic}.] 1. Of or pertaining to the laity, as distinct from the clergy; as, a lay person; a lay preacher; a lay brother. [1913 Webster] 2. Not educated or… …   The Collaborative International Dictionary of English

  • lay days — the period within which, according to the terms of a charterparty, cargo must be loaded on to or unloaded from a ship. Lay days are described in a charterparty in various ways; sometimes certain days are fixed for loading and unloading. . . .… …   Law dictionary

  • lay days — In the law of shipping, days allowed without penalty to charter parties for loading and unloading the cargo …   Black's law dictionary

  • lay days — In the law of shipping, days allowed without penalty to charter parties for loading and unloading the cargo …   Black's law dictionary

  • lay days — The days specified in a contract of affreightment during which the charterer of a vessel is permitted to detain her for loading or unloading without incurring liability for demurrage. 48 Am J1st Ship § 608 …   Ballentine's law dictionary

  • reversible lay days — See lay days …   Big dictionary of business and management

  • Lay — Lay, a. [F. lai, L. laicus, Gr. ? of or from the people, lay, from ?, ?, people. Cf. {Laic}.] 1. Of or pertaining to the laity, as distinct from the clergy; as, a lay person; a lay preacher; a lay brother. [1913 Webster] 2. Not educated or… …   The Collaborative International Dictionary of English

  • Lay baptism — Lay Lay, a. [F. lai, L. laicus, Gr. ? of or from the people, lay, from ?, ?, people. Cf. {Laic}.] 1. Of or pertaining to the laity, as distinct from the clergy; as, a lay person; a lay preacher; a lay brother. [1913 Webster] 2. Not educated or… …   The Collaborative International Dictionary of English

  • Lay brother — Lay Lay, a. [F. lai, L. laicus, Gr. ? of or from the people, lay, from ?, ?, people. Cf. {Laic}.] 1. Of or pertaining to the laity, as distinct from the clergy; as, a lay person; a lay preacher; a lay brother. [1913 Webster] 2. Not educated or… …   The Collaborative International Dictionary of English

  • Lay clerk — Lay Lay, a. [F. lai, L. laicus, Gr. ? of or from the people, lay, from ?, ?, people. Cf. {Laic}.] 1. Of or pertaining to the laity, as distinct from the clergy; as, a lay person; a lay preacher; a lay brother. [1913 Webster] 2. Not educated or… …   The Collaborative International Dictionary of English

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