tariff Hear it!

tariff definition - finance
  1. A federal tax on exports and imports. Tariffs are imposed to protect domestic markets and give an advantage to domestic producers, or for their financial benefit. Money collected from a tariff is called a duty.
  2. A list of prices for different types of services, such as moving or shipping services.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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