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tariff
(redirected from colonial preference)

    Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
Tariff
A tax on imports or exports.
tariff
A tax levied on a good imported into a country. In most instances, tariffs are intended to make imported goods more expensive and thus less competitive with domestic products. Also called duty. See also General Agreement on Tariffs and Trade, trigger price.


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``But when the war ends, they told the British you'll end your colonial preferences and we're going to have a new world order based on free trade.
UO professor, Bretton Woods economist, dies at age 93 by The Register-Guard (Eugene, OR)
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