Monday, October 24, 2011

Word of the Day: Tariff

Good morning! The word of the day is

- Tariff -

pronounced [tar-if]

noun
1. an official list or table showing the duties or customs imposed by a government on imports or exports.

2.
the schedule or system of duties so imposed.

3.
any duty or rate of duty in such a list or schedule.

4.
any table of charges, as of a railroad, bus line, etc.

5.
bill; cost; charge.

verb (used with object)
6. to subject to a tariff.

7.
to put a valuation on according to a tariff.

Origin
1591, "arithmetical table," from It. tariffa, M.L. tarifa "list of prices, book of rates," from Arabic ta'rif "information, notification, inventory of fees to be paid," verbal noun from arafa "to make known." Meaning "official list of customs duties on imports or exports" is from 1592; sense of "classified list of charges made in a business" is recorded from 1757.Link

Related Words
duty

http://dictionary.reference.com/browse/tariff