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LSDefine
Simple English definitions for legal terms
houseage
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A quick definition of houseage:
Term: HOUSEAGE
Definition: Houseage is a fee that is paid for storing goods in a house, such as a warehouse or a wharf. This fee is usually paid by a carrier or a person who is responsible for transporting the goods. It is like paying rent for a place to keep your things safe until you need them again.
A more thorough explanation:
Definition: Houseage (howz-ij) is a fee that is paid for the storage of housing goods, either by a carrier or at a wharf.
Example: When a shipping company brings in a container of goods, they may need to store it at a wharf until it can be transported to its final destination. The wharf will charge a houseage fee for the storage of the goods.
Explanation: This example illustrates how houseage is a fee paid for the storage of housing goods. The shipping company is the carrier of the goods, and the wharf is the location where the goods are being stored. The houseage fee is charged for the service of storing the goods until they can be transported to their final destination.