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tariff
[tar-if]
noun
an official list or table showing the duties or customs imposed by a government on imports or exports.
the schedule or system of duties so imposed.
any duty or rate of duty in such a list or schedule.
any table of charges, as of a railroad, bus line, etc.
bill; cost; charge.
verb (used with object)
to subject to a tariff.
to put a valuation on according to a tariff.
tariff
/ ˈtærɪf /
noun
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
a system or list of such taxes
any schedule of prices, fees, fares, etc
a method of charging for the supply of services, esp public services, such as gas and electricity
block tariff
a schedule of such charges
a bill of fare with prices listed; menu
the level of punishment imposed for a criminal offence
verb
to set a tariff on
to set a price on according to a schedule of tariffs
tariff
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
Word History and Origins
Origin of tariff1
Example Sentences
China and the United States agreed Saturday to conduct another round of trade negotiations in the coming week, as the world's two biggest economies seek to avoid another damaging tit-for-tat tariff battle.
In recent months, the U.S. has expanded intelligence sharing with Ukraine to strike targets inside Russia and imposed steep tariffs on India, one of Russia’s top trading partners.
In the same order, released by the White House, he formalized a new 25-percent tariff on imported medium and heavy duty trucks and parts, beginning on November 1.
Delayed inflation data complicates efforts to judge the impact of higher import tariffs and progress toward price stability.
Some extremes of higher tariffs were tempered, thanks to subsequent deals and resets.
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When To Use
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.
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