Definition of Tariff
Tariff
tar·iff
Definition/Meaning
(noun)
a toll, duty, or tax that must be paid to the government on imported and/or exported goods, or the rate or list/schedule of such charges;
e.g. Customers often pay part of the tariff when buying imported goods.
(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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