tariff investment & finance definition
- A
federal tax on exports and imports. Tariffs are imposed to protect domestic
markets and give an advantage to domestic producers, or for their financial
benefit. Money collected from a tariff is called a duty.
- A list of prices for different types of
services, such as moving or shipping services.
See tariff in Wall Street Words
A tax levied on a good imported into a country. In most instances, tariffs are intended to make imported goods more expensive and thus less competitive with domestic products. Also called
duty. See also
General Agreement on Tariffs and Trade,
trigger price.
Learn more about tariff
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