compound tariff
noun [C]Definition
› COMMERCE, TAX a tax on imported goods that is a combination of a fixed amount and an amount based on the value of the goods: Processed cherry products in the US were protected at the time by a compound tariff of 6.9 cents per kilogram plus 4.5% of the product price.
(Definition of compound tariff noun from the Cambridge Business English Dictionary
© Cambridge University Press)
Browse the Thesaurus
Our dictionaries
Browse the Dictionary
Word of the Day
ride (out) the storm
to manage not to be destroyed, harmed or permanently affected by the difficult situation you...
Blog
Read our blog about how the English language behaves.
New Words
Find words and meanings that have just started to be used in English, and let us know what you think of them.
