{"@context":"https://schema.org","@type":"DefinedTerm","name":"late payment","description":"Late payment arises when a debtor fails to settle an invoice, freight charge, or customs duty by the contractually agreed due date. Forwarders and carriers often find themselves on both sides: as creditors chasing overdue shipper payments and as debtors at risk of delay toward port operators, subcontractors, or customs authorities. Once the due date passes—or a contractual grace period expires—statutory or contractually agreed late-payment interest typically begins to accrue, raising the total c","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/late-payment","inLanguage":"en","dateModified":"2026-06-18T17:13:22.837611","citation":"https://www.duden.de/rechtschreibung/Zahlungsverzug","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/late-payment","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"late payment · Late payment arises when a debtor fails to settle an invoice, freight charge, or customs duty by the contractually agreed due date. · Quelle: https://www.duden.de/rechtschreibung/Zahlungsverzug"}