LASTAGE Meaning and
Definition
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Lastage is a noun that refers to a fee or tax levied on goods or cargo that enters or exits a port. It is a charge imposed by the authorities to cover the cost of unloading or loading goods onto ships. Historically, lastage was a common practice used in ports worldwide to finance the expenses incurred during the handling of goods.
The term can also be used to describe the area or space where goods were unloaded or loaded onto ships. It is typically a designated location within a port where ships are docked, and cargo is transferred between land and sea transportation.
In addition to its specific meaning related to port taxation, the term lastage can alternatively denote a fee or tax for storing goods in a warehouse. This variation of the term is derived from its original meaning and is used to describe the charges imposed by warehouse managers for the use of their facilities to store goods.
Overall, lastage is a term that primarily pertains to the financial aspects of port operations, specifically regarding the charges incurred during the handling, unloading, loading, or storage of goods in ports or warehouses.
Common Misspellings for LASTAGE
- kastage
- oastage
- lzstage
- lsstage
- lwstage
- lqstage
- laztage
- laetage
- lawtage
- lasrage
- lasfage
- lasgage
- lasyage
- las6age
- las5age
- lastzge
- lastsge
- lastwge
- lastqge
Etymology of LASTAGE
The word "lastage" is derived from the Old French term "laastage" which means "the right to load a ship". It originated from the root word "laast" or "last" in Old French, which referred to the act of loading cargo onto a ship. This term further traces its origins to the Latin word "lasta" meaning "burden" or "load". Over time, "lastage" came to be used specifically to denote the fee paid for loading or unloading a ship, eventually entering the English language in that sense.
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