What is SUPERCARGO?

An agent of the owner of goods shipped as cargo on a vessel, who has charge of the cargo on board, sells the same to the best advantage in the foreign market, buys a cargo to be brought back on the return voyage of the ship, and comes home with it.

More On This Topic



Link to This Definition
Did you find this definition of SUPERCARGO helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary