Tariff

/ˈtærɪf/

Meaning & Definition

noun

A government-imposed fee or tax on imported or exported goods.

The new tariff on steel imports has raised the cost for domestic manufacturers.

A schedule of rates or prices for services, especially a list of prices for a public utility.

The local water authority updated its tariff, increasing charges for excessive water use.

A list or table of rates or charges for specific services or commodities.

The airline provided a detailed tariff for its international flight services.

From Middle French 'tarif', from Arabic 'taʕārīf', meaning 'notification' or 'to inform'.

protectionist tariff

A tariff protecting domestic industries from foreign competition.

customs tariff

A tax imposed on imports and exports.

tariff barrier

A restriction on trade that results from the imposition of tariffs.

duty

A kind of tax imposed on goods.

levy

A legal seizure of property to satisfy a debt.

Tariffing

He was tariffing a lot of baggage during the customs check.

Taxman

The taxman is hitting us hard with these new tariffs.