Tankage (Noun)

Meaning ¹

The quantity contained in (or the capacity of) a tank or tanks.

Classification

Nouns denoting quantities and units of measure.

Meaning ²

The act of storing in tanks.

Classification

Nouns denoting acts or actions.

Related Words

• Tank (verb)

Meaning ³

The charge for storing something in tanks.

Classification

Nouns denoting possession and transfer of possession.

Examples

• The oil company charged a significant tankage fee for storing the crude oil in their facilities.
• The brewery had to pay a monthly tankage charge for storing their beer in the distributor's tanks.
• The tankage costs for storing the chemicals were higher than expected, eating into the company's profit margins.
• The terminal operator's tankage rates were competitive, making it an attractive option for storing petroleum products.
• The company factored in the tankage fees when calculating the total cost of storing their products in the warehouse.