Tariff

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Definition: Tariff

Tariff

Quick Summary of Tariff

A tariff is a tax on imports or exports between sovereign states. It is a form of regulation of foreign trade and a policy that taxes foreign products to encourage or safeguard domestic industry.

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What is the dictionary definition of Tariff?

Dictionary Definition

  1. A system of government-imposed duties levied on imported or exported goods; a list of such duties, or the duties themselves
  2. A schedule of rates, fees or prices
  3. British a sentence determined according to a scale of standard penalties for certain categories of crime

Also:

  • General: Published list of fares, freight charges, prices, rates, etc.
  • Foreign trade: Popular term for import tariff and import tariff schedule.
  • Shipping: Popular term for shipping tariff And shipping tariff schedule.

Synonyms For Tariff

duty, tax, charge, levy, rate

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

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https://payrollheaven.com/define/tariff/
Modern Language Association (MLA):
Tariff. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/tariff/.
Chicago Manual of Style (CMS):
Tariff. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/tariff/ (accessed: April 19, 2024).
American Psychological Association (APA):
Tariff. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/tariff/

Definition Sources

Definitions for Tariff are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th January, 2020 | 0 Views.