Online Encyclopedia

PRIMAGE (adopted from the Fr. primage...

Online Encyclopedia
Originally appearing in Volume V22, Page 324 of the 1911 Encyclopedia Britannica.
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PRIMAGE (adopted from the Fr. primage, from prime, recompense, Lat. praemium, reward), a commercial term signifying originally a small customary payment over and above the freight made to the master of the ship for his care and trouble. It is now generally included in the freight, as an additional percentage. It varies according to the usages of different ports and particular trades.
End of Article: PRIMAGE (adopted from the Fr. primage, from prime, recompense, Lat. praemium, reward)
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