Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun A
duty levied on an imported article to offset the unfair price advantage it holds due to asubsidy paid toproducers orexporters by the government of the exporting country if such imports cause or threaten injury to a domestic industry. - noun A
duty orsurtax levied on an imported article to offset anexcise or inland revenuetax placed upon articles of the same class manufactured domestically.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a duty imposed to offset subsidies by foreign governments
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