Simple English definitions for legal terms
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Term: WEIGHAGE
Definition: Weighage is a fee that is charged for weighing goods or products. It is a payment that is required in exchange for the service of weighing merchandise.
Definition: Weighage (way-ij) is a fee or charge that is required to be paid in exchange for weighing goods or merchandise.
Example: A farmer brings his crop of wheat to a grain elevator to be weighed. The grain elevator charges him a weighage fee for the service of weighing his wheat.
Explanation: In this example, the farmer is required to pay a weighage fee to the grain elevator in exchange for the service of weighing his wheat. The fee is charged because the grain elevator is providing a service that requires equipment, labor, and expertise to accurately weigh the farmer's crop. The weighage fee is a way for the grain elevator to cover their costs and make a profit.
Example: A trucking company delivers a shipment of goods to a warehouse. The warehouse charges the trucking company a weighage fee for weighing the goods before they are stored.
Explanation: In this example, the trucking company is required to pay a weighage fee to the warehouse in exchange for the service of weighing their shipment of goods. The fee is charged because the warehouse is providing a service that requires equipment, labor, and expertise to accurately weigh the goods. The weighage fee is a way for the warehouse to cover their costs and make a profit.