Tariff
/ˈtærɪf/
Definitions
- (n.) A tax or duty to be paid on a particular class of imports or exports.
The government imposed a tariff on imported steel to protect domestic industries.
- (n.) A schedule of official prices, rates, or charges.
The utility company published a new tariff for electricity usage.
Forms
- tariffs
Related terms
Commentary
Tariffs primarily relate to international trade regulations and must be clearly differentiated from other trade restrictions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.