TARIFF

duty, tariff

(noun) a government tax on imports or exports; “they signed a treaty to lower duties on trade between their countries”

tariff

(verb) charge a tariff; “tariff imported goods”

Source: WordNet® 3.1


Etymology

Noun

tariff (plural tariffs)

A system of government-imposed duties levied on imported or exported goods; a list of such duties, or the duties themselves.

A schedule of rates, fees or prices.

(British) A sentence determined according to a scale of standard penalties for certain categories of crime.

Verb

tariff (third-person singular simple present tariffs, present participle tariffing, simple past and past participle tariffed)

(transitive) to levy a duty on (something)

Source: Wiktionary


Tar"iff, n. Etym: [F. tarif; cf. Sp. & Pg. tarifa, It. tariffa; all fr. Ar. ta'rif information, explanation, definition, from 'arafa, to know, to inform, explain.]

1. A schedule, system, or scheme of duties imposed by the government of a country upon goods imported or exported; as, a revenue tariff; a protective tariff; Clay's compromise tariff. (U.S. 1833).

Note: The United States and Great Britain impose no duties on exports; hence, in these countries the tariff refers only to imports.

2. The duty, or rate of duty, so imposed; as, the tariff on wool; a tariff of two cents a pound.

3. Any schedule or system of rates, changes, etc.; as, a tariff of fees, or of railroad fares. Bolingbroke.

Tar"iff, v. t. [imp. & p. p. Tariffed; p. pr. & vb. n. Tariffing.]

Definition: To make a list of duties on, as goods.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

25 December 2024

UNAMBIGUOUS

(adjective) having or exhibiting a single clearly defined meaning; “As a horror, apartheid...is absolutely unambiguous”- Mario Vargas Llosa


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Coffee Trivia

According to Guinness World Records, the largest collection of coffee pots belongs to Robert Dahl (Germany) and consists of 27,390 coffee pots as of 2 November 2012, in Rövershagen, Germany.

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