Crossword Dictionary

What's The Definition Of Tariff?

\Tar"iff\, n. A tariff may be imposed solely for, and with reference to, the production of revenue (called a {revenue tariff}, or {tariff for revenue}, or for the artificial fostering of home industries ( {a projective tariff}), or as a means of coercing foreign governments, as in case of {retaliatory tariff}.
\Tar"iff\, n. [F. tarif; cf. Sp. & Pg. tarifa, It. tariffa; all fr. Ar. ta'r[=i]f information, explanation, definition, from 'arafa, to know, to inform, explain.] 1. A schedule, system, or scheme of duties imposed by the government of a country upon goods imported or exported; as, a revenue tariff; a protective tariff; Clay's compromise tariff. (U. S. 1833). Note: The United States and Great Britain impose no duties on exports; hence, in these countries the tariff refers only to imports. 2. The duty, or rate of duty, so imposed; as, the tariff on wool; a tariff of two cents a pound. 3. Any schedule or system of rates, changes, etc.; as, a tariff of fees, or of railroad fares. --Bolingbroke.
\Tar"iff\, v. t. [imp. & p. p. {Tariffed}; p. pr. & vb. n. {Tariffing}.] To make a list of duties on, as goods.