Definition of Tariff
Tariff
Tar·iff
Definition/Meaning
(noun)
A tax or fee imposed on imported or exported goods.
e.g. The government imposed a tariff on foreign steel to protect domestic industries.
(verb)
to fix the price to be paid for something according to a set list of rates/charges;
e.g. They agreed to tariff the service according to the amount of time for which it was used.
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