tankage
- noun
- /ˈtæŋkɪdʒ/
- Jargon
- The tankage fee is included in the total cost.
Examples
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Our contract includes the tankage for all liquid materials held over thirty days.
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Many companies charge for tankage on a monthly basis.
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After calculating the tankage, the total cost of storing chemicals became clear.
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The company paid tankage for the storage of crude oil at the port facility.
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The company paid a monthly tankage fee for storing its chemicals safely.
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Our agreement clearly states that the tankage charge applies to all liquid materials stored over thirty days.
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They calculate tankage based on the total volume of liquids stored in their tanks.
Synonyms
A fee for storing goods in a cellar
A fee for putting goods into a ship's hold or storage space
How Expensive
Surface Forms
Morphology
Etymology
Tankage is made of tank ('a large container') and the ending -age, which in words like postage or storage can mean 'a fee'. So tankage can mean the charge for storing goods or liquids in tanks.