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The two words are often interchangeable. A key difference is in their nautical context.

On a ship or other moving vehicle, storage would be where cargo is kept. Stowage is any holder made for specific contents, usually fasten-able so that nothing shifts during transit.

For example, I store groceries in the trunk of my car. The spare tire is stowed underneath, securely bolted.

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Q: What is the difference between storage or stowage?
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