What does Tariff mean?

Definitions for Tariff
ˈtær ɪftar·iff

This dictionary definitions page includes all the possible meanings, example usage and translations of the word Tariff.

Princeton's WordNet

  1. duty, tariffverb

    a government tax on imports or exports

    "they signed a treaty to lower duties on trade between their countries"

  2. tariffverb

    charge a tariff

    "tariff imported goods"

Wiktionary

  1. tariffnoun

    a system of government-imposed duties levied on imported or exported goods; a list of such duties, or the duties themselves

  2. tariffnoun

    a schedule of rates, fees or prices

  3. tariffnoun

    a sentence determined according to a scale of standard penalties for certain categories of crime

  4. tariffverb

    to levy a duty on (something)

  5. Etymology: tariffa, from تعاريف.

Samuel Johnson's Dictionary

  1. Tariffnoun

    A cartel of commerce.

    Etymology: perhaps a Spanish word; tarif, Fr.

    This branch of our trade was regulated by a tariff, or declaration of the duties of import and export. Addison.

Wikipedia

  1. Tariff

    A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. Protective tariffs are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce the trade deficit. They have historically been justified as a means to protect infant industries and to allow import substitution industrialization. Tariffs may also be used to rectify artificially low prices for certain imported goods, due to 'dumping', export subsidies or currency manipulation. There is near unanimous consensus among economists that tariffs have a negative effect on economic growth and economic welfare, while free trade and the reduction of trade barriers has a positive effect on economic growth. Although trade liberalization can sometimes result in large and unequally distributed losses and gains, and can, in the short run, cause significant economic dislocation of workers in import-competing sectors, free trade has advantages of lowering costs of goods and services for both producers and consumers.

ChatGPT

  1. tariff

    A tariff is a tax or duty imposed on imported or exported goods and services by the government, often to protect domestic industries from foreign competition. It raises the price of imported goods, making them less competitive compared to domestically produced items. Tariffs can also be used as a political tool to penalize other countries.

Webster Dictionary

  1. Tariffnoun

    a schedule, system, or scheme of duties imposed by the government of a country upon goods imported or exported; as, a revenue tariff; a protective tariff; Clay's compromise tariff. (U. S. 1833)

  2. Tariffnoun

    the duty, or rate of duty, so imposed; as, the tariff on wool; a tariff of two cents a pound

  3. Tariffnoun

    any schedule or system of rates, changes, etc.; as, a tariff of fees, or of railroad fares

  4. Tariffverb

    to make a list of duties on, as goods

Wikidata

  1. Tariff

    A tariff is either a tax on imports or exports, or a list of prices for such things as rail service, bus routes, and electrical usage. The meaning in is now the more common meaning. The meaning in is historically earlier. The meaning in developed from a tabular list of tax rates for different import goods.

Chambers 20th Century Dictionary

  1. Tariff

    tar′if, n. a list of the duties, &c., fixed by law on merchandise: a list of charges, fees, or prices. [Fr.,—Sp.,—Ar. ta‛rīf, giving information, from ‛arafa, to explain.]

Dictionary of Nautical Terms

  1. tariff

    List of duties payable upon exported and imported goods.

Matched Categories

British National Corpus

  1. Nouns Frequency

    Rank popularity for the word 'Tariff' in Nouns Frequency: #2645

How to pronounce Tariff?

How to say Tariff in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of Tariff in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of Tariff in Pythagorean Numerology is: 6

Examples of Tariff in a Sentence

  1. Jacob Parker:

    For companies with supply exposure to tariffs, they will move sourcing country of origin if they can; if they can't, they'll pass on as much of the tariff cost as they can, or see a cut in margins.

  2. Michael Antonelli:

    The tone of today didn't start off well due to tariff fears.

  3. Ed Brzytwa:

    A 25 % tariff could effectively shut US chemical companies out of the Chinese market.

  4. Donald Trump:

    We agreed today, first of all, to work together toward zero tariffs, zero non-tariff barriers and zero subsidies on non-auto industrial goods.

  5. Steve Pasierb:

    We're worried about how much of the 10 % tariff will get passed on to consumers across all categories. A lot of things are going to get more expensive, and toys aren't essential goods.

Popularity rank by frequency of use

Tariff#1#9069#10000

Translations for Tariff

From our Multilingual Translation Dictionary

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"Tariff." Definitions.net. STANDS4 LLC, 2024. Web. 16 Apr. 2024. <https://www.definitions.net/definition/Tariff>.

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