tariffs
/ˈtærɪfs/ · tar·iffs
noun
- Taxes or duties imposed by a government on imported or exported goods. The new tariffs on steel increased the cost of construction materials across the country.
- A published schedule of fees, rates, or charges for services or goods. The airline posted its baggage tariffs on the website for travelers to review.
Synonyms
Antonyms
Did you know? The word ‘tariff’ originally referred to a list of prices in medieval Italy; it only acquired its modern sense of import tax in the 19th‑century era of global trade.
Read the full encyclopedia articleNerddpedia has an in-depth article about tariffs