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tariffa tax or duty to be paid on imported or exported goods

Part of speech: NOUN

Definition: a tax or duty to be paid on imported or exported goods

Pronunciation (IPA): /ˈtærɪf/

Example Sentences

  • The new tariff made Korean smartphones so expensive that even my wallet started crying.
  • Countries often use tariffs to protect their domestic industries.
  • The tariff on coffee beans was so high that my morning routine became a luxury experience.

tariff

NOUN

[/ˈtærɪf/]

a tax or duty to be paid on imported or exported goods

The government increased the tariff on imported cars.
💡 Concept

The government increased the tariff on imported cars.

The tariff raised the price of imported electronics. (🚢 Import + 💰 Tax → Tariff)
🧠 Mnemonic

The tariff raised the price of imported electronics. (🚢 Import + 💰 Tax → Tariff)

The sheriff protected the cargo until tariff relief reduced trade costs.
🎵 Rhyme

The sheriff protected the cargo until tariff relief reduced trade costs.

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🎤Pronunciation

🇺🇸 US/ˈtærɪf/
🇬🇧 UK/ˈtærɪf/

🌳Etymology

Roottariff

Origin

Tariff derives from Arabic ta'rif, meaning 'notification' or 'announcement'. The term originally referred to a price list or schedule of charges used in medieval Mediterranean trade to display commodity prices, and later evolved to denote customs duties or import taxes.

Breakdown

ta'rif (Arabic: notification, announcement) + -iff (English suffix forming nouns). The root ta'rif literally means 'to make known' or 'to inform', from the Arabic verb 'arafa (to know or recognize).

🎵Rhyme

sheriffiffstiff
sheriff
iff
stiff

🔗Collocations

impose tariff
trade tariff
tariff barrier
reduce tariffs
protective tariff
tariff rate

📝Examples

😄 Fun example

The new tariff made Korean smartphones so expensive that even my wallet started crying.

Countries often use tariffs to protect their domestic industries.

😄 Fun example

The tariff on coffee beans was so high that my morning routine became a luxury experience.

Free trade agreements aim to eliminate tariffs between member countries.

📚Related Words

Synonyms

dutytaxlevycustomsexcise

Antonyms

subsidyexemptionrebate

Related

importexportcustomstradeeconomy

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