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tariff

/ˈtæɹəf/

Meanings
  • noun

    A tax or duty charged on imported or exported goods.

    - "The tariff on imported cars from Europe is expected to increase."
    - "The tariff on sugar imports was lifted last year."
  • noun

    A schedule of rates or charges for services or utilities.

    - "The telephone company released a new tariff for its services."
    - "The airline's tariff for flights includes baggage fees."

Rhymes
Words rhyming with tariff
carve , save , rave , grieve , rive
Variants
List of all variants of tariff that leads to same result
tariff , tariffs , tariffed , tariffing , protective tariff , protective tariffs , revenue tariff , revenue tariffs
Etymology
origin and the way in which meanings have changed throughout history.

Originally from Old French 'tarif', meaning 'list' or 'schedule'.


Trivia
Any details, considerations, events or pieces of information regarding the word
  1. The highest tariff rate in US history was during the Civil War, at 100%.

  2. The Smoot-Hawley Tariff Act of 1930 is blamed for worsening the Great Depression.

  3. The European Union has an average common external tariff of 5.6%.


Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to
  1. Protectionism: An economic policy of restricting imports or subsidizing exports to protect domestic industries.

  2. Free Trade: An economic policy of eliminating tariffs and other trade barriers to promote international trade.


Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Tariffs have been used throughout history to protect domestic industries, generate revenue, and influence trade policies. They have been a subject of debate in literature, economics, and politics.

How to Memorize "tariff"

  1. visualize

    - Visualize a list or schedule of taxes or charges.

  2. associate

    - Associate the word 'tariff' with taxes, duties, or schedules.

  3. mnemonics

    - Remember 'Tariff' as 'Taxes Are Really Important For Finance'.


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