tariff

[tar-if]

noun

1. an official list or table showing the duties or customs imposed by a government on imports or exports.

2. the schedule or system of duties so imposed.

3. any duty or rate of duty in such a list or schedule.

4. any table of charges, as of a railroad, bus line, etc.

5. bill; cost; charge.

verb (used with object)

1. to subject to a tariff.

2. to put a valuation on according to a tariff.

tariff

/ ˈtærɪf /

noun

1. 1. a tax levied by a government on imports or occasionally exports for purposes of protection, support of the balance of payments, or the raising of revenue

   2. a system or list of such taxes

2. any schedule of prices, fees, fares, etc

3. 1. a method of charging for the supply of services, esp public services, such as gas and electricity

      block tariff

   2. a schedule of such charges

4. a bill of fare with prices listed; menu

5. the level of punishment imposed for a criminal offence

verb

1. to set a tariff on

2. to set a price on according to a schedule of tariffs

tariff

1. A government tax on imports, designed either to raise revenue or to protect domestic industry from foreign competition.

Other Word Forms

• tariffless adjective
• pretariff noun
• protariff adjective
• retariff verb (used with object)

Word History and Origins

Origin of tariff¹

First recorded in 1585–95; earlier tariffa, from Italian, from Arabic taʿrīfah, derivative of ʿarrafa “to make known,” akin to ʿarafa “to know”

Word History and Origins

Origin of tariff¹

C16: from Italian tariffa, from Arabic ta`rīfa to inform

Example Sentences

It was most recently in that zone during the “Liberation Day” tariff turmoil of early April.

Read more on Barron's

China faces a packed data calendar, with third-quarter GDP figures taking center stage as markets assess how the economy has fared under renewed tariff pressure.

Read more on The Wall Street Journal

Some lumber and furniture tariffs took effect this week.

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If you had gotten Xi on the phone and said you would add 100% to tariffs on Chinese imports if Xi didn’t come across—as opposed to the public statement that you made on Oct.

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The cryptocurrency market is experiencing a “massive sell-off” driven by broader market jitters over bad bank loans and tariff threats.

Read more on Barron's

Related Words

• cost 
• duty 
• excise 
• levy 
• price 
• rate 
• tax 
• toll 

When To Use

What does tariff mean?

A tariff is a tax or duty on products that come into a country (imports) or leave it (exports), imposed by the country’s government.A tariff is also the list of taxes a government imposes on imports and exports.To tariff can mean to subject to a tariff.Example: There is a high tariff on foreign music CDs, so I just stream it instead.