freight

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Freight

The price or compensation paid for the transportation of goods by a carrier. Freight is also applied to the goods transported by such carriers.

The liability of a carrier for freight damaged, lost, or destroyed during shipment is determined by contract, statute, or Tort Law.

The responsibility for the payment of freight is a subject of a term of a sales contract between the buyer and seller of the goods to be shipped. When a contract contains a c.f. & i. provision, the buyer accepts liability for paying the cost of freight in addition to the costs of the goods and insurance on them.

freight

noun article of commerce, cargo, carload, consignment, freightage, goods, lading, load, onus, pay load, shipment
See also: cargo, load, merchandise, send

freight

the amount payable by a charterer or shipper to a shipowner for the letting of the ship or space therein for the carriage of goods by sea. Advance freight is payable to a shipowner on the signing of a bill of lading or on shipment instead of on delivery of the goods; such freight is not normally returnable in the event of the ship or the goods being lost before the start of the voyage.
References in classic literature ?
After several long councils it was decided that, in order to expedite matters, Perry should return to the prospector with a strong party of Mezops and fetch the freight I had brought from the outer world.
Beneath the paddles of the natives and the five remaining members of his pack Bulan sped up the dark river after the single prahu with its priceless freight.
This was a fine adjustment, for by working hammer-and- tongs through a twelve-hour day, after freight had been deducted from the selling price of the wood in Los Angeles, the wood-chopper received one dollar and sixty cents.
Then trust in the winds without care, and haul your swift ship down to the sea and put all the freight no board; but make all haste you can to return home again and do not wait till the time of the new wine and autumn rain and oncoming storms with the fierce gales of Notus who accompanies the heavy autumn rain of Zeus and stirs up the sea and makes the deep dangerous.