Tariff
As a Noun
- A tax or duty imposed on imported or exported goods.
- A fixed price or rate for a service, such as electricity, water, or transportation.
As a Verb (Less Common)
- To impose a tariff or tax on goods.
As Other Form
- Tariffed (Adjective): Subject to a tariff or duty.
Word History
The word tariff comes from the Italian tariffa, which originated from the Arabic ta‘rif (meaning “notification” or “inventory”). It was first used in the context of trade to refer to a list of customs duties imposed on goods.
Examples
- The government increased tariffs on imported steel.
- Many businesses were affected by the new trade tariffs.
- The hotel’s tariff includes breakfast and free Wi-Fi.
Synonyms
Duty, tax, levy, charge, toll
Related Words
Customs, import tax, surcharge, fee
Antonyms
Subsidy, exemption, duty-free
