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Meaning of tariffs
A tax or duty to be paid on a particular class of imports or exports.
Etymology of tariffs
The word "tariffs" originates from the Italian word "tariffa," meaning "list of prices" or "schedule of fees," which is derived from the Arabic word "ta'rifa," meaning "notification" or "announcement"
Historically, the term was used to refer to a list of prices or fees for a particular service or activity, but its meaning expanded to include taxes or duties on goods, especially imported goods, levied by a government
Synonyms
duties
taxes
levies
imposts
customs
excises
tolls
charges
fees
rates
assessments
burdens
loads
weights
encumbrances
impediments
hindrances
obstacles
barriers
impediments
restraints
restrictions
limitations
quotas
ceilings
caps
surcharges
premiums
subsidies
grants
allowances
exemptions
waivers
immunities
privileges.
Definitions
- A tax or duty on goods, especially imported goods, levied by a government
- A list of prices or fees for a particular service or activity
- A system of taxes or duties on imported or exported goods
Usage Examples
- The government imposed tariffs on imported goods to protect local industries
- The company had to pay tariffs on the goods they imported from abroad
- The tariffs on luxury goods are higher than those on essential items
Antonyms
subsidies
grants
allowances
exemptions
waivers
immunities
privileges
concessions
rebates
refunds
discounts
exemptions
exceptions
exclusions
freedoms
liberties
releases
exemptions
privileges
immunities.