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's hard to argue that tariff uncertainty isn't a key driver of this weakness."

From BBC

The tariff changes, which come into effect from 1 October, come as the Utility Regulator concluded its reviews of the regulated tariffs for Power NI, SSE Airtricity Gas Supply and Firmus Energy.

From BBC

South Korean companies have promised to invest billions of dollars in key US industries in the coming years, partly as a way to avoid tariffs.

From BBC

The firm is considering ways to soften the impact of tariffs by adjusting its supply chain and cutting costs, though changes will take time, he told analysts.

From BBC

Last month, Toyota warned that the impact of US tariffs would cost it around $10bn this year.

From BBC

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.