revenue tariff
- noun
- /ˈrɛvəˌnuː ˈtærɪf/
- Specialized
- Historically, many countries relied on the revenue tariff as a major source of government financing.
Examples
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Unlike a protective tariff, a revenue tariff is primarily designed to generate funds for the state.
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The government introduced a revenue tariff on imported goods to boost national income.
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The government increased the revenue tariff on imported goods.
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Many countries rely on revenue tariffs to boost their budgets.
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Historically, many countries relied on the revenue tariff as a major source of government financing.
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The government introduced a revenue tariff on imported goods to boost national income.
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Unlike a protective tariff, a revenue tariff is primarily designed to generate funds for the state.
Synonyms
A tax on goods brought into or sent out of a country
A tax you pay on goods brought into or sent out of a country
A tax the government charges on goods brought into a country
A tax the government charges on goods brought into or sent out of a country
A tax on goods brought into a country
How Protective
- Specialized
- Specialized
Surface Forms
Morphology
The compound meaning (a tariff intended to raise government income) is directly and transparently derived from combining 'revenue' (government income) with 'tariff' (a duty on goods); the modifier specifies the tariff's purpose. This noun-noun compositional pattern is common across languages and follows regular English compounding, so a B1 learner who knows both words should infer the meaning.
Etymology
Revenue tariff comes from old market gates where rulers charged a tariff on imported goods to collect revenue, 'money for the state'. So a revenue tariff is a tax mainly meant to 'raise government income' rather than to protect local businesses.