Usually means: Payment for unshipped cargo space.
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We found 12 dictionaries that define the word dead freight:

General (9 matching dictionaries)
  1. dead freight: Merriam-Webster
  2. dead freight: Wordnik
  3. dead freight: Wiktionary
  4. dead freight: Infoplease Dictionary
  5. Dead freight, dead freight: Dictionary.com
  6. Dead Freight: Wikipedia, the Free Encyclopedia
  7. Dead Freight: Dictionary of Phrase and Fable (1898)
  8. dead freight: FreeDictionary.org
  9. Dead freight: TheFreeDictionary.com

Business (3 matching dictionaries)
  1. Bouvier's Law Dictionary 1856 Edition (No longer online)
  2. Dead freight: Legal dictionary
  3. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (dead freight)

noun:  A sum of money paid by a person who charters a whole vessel but fails to make out a full cargo. The payment is made for the unoccupied capacity.

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