Tariff
(noun)
- A tax imposed on imported or exported goods.
- A schedule of prices or charges for a service, such as a telephone or utility company.
Origin:
From the italian word tariffa, meaning a list of prices or charges.
Examples:
- The government raised tariffs on imported steel to protect domestic manufacturers.
- The new tariffs on Chinese goods have led to an increase in prices for consumers.
- The tariff for the telephone service is $50 per month.
- The tariff for electricity is based on the amount of energy consumed.
- The tariff on imported goods was designed to protect domestic industries from foreign competition.