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LSDefine

Simple English definitions for legal terms

weighage

Read a random definition: in misericordia

A quick definition of weighage:

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.

A more thorough explanation:

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.

wehading | weight

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