Definitions

1. noun

a tax or duty paid or levied on goods or services when they are imported or exported, or a fixed charge for a service, such as a railway fare or a hotel bill.

“The country imposed a tariff on imported electronics to boost local industries.”

2. noun

a standard or rate of payment for a particular service or commodity.

“The bus company increased its tariff for long-distance trips.”

3. verb

to fix or impose a tariff on goods or services.

“The government tariffed the foreign imports to protect domestic industries.”