countervailing duty
A duty levied on an imported article to offset the unfair price advantage it holds due…A duty levied on an imported article to offset the unfair price advantage it holds due to a subsidy paid to producers or exporters by the government of the exporting country if such imports cause or threaten injury to a domestic industry.
Meaning
2 sensesA duty levied on an imported article to offset the unfair price advantage it holds due to a subsidy paid to producers or exporters by the government of the exporting country if such imports cause or threaten injury to a domestic industry.
компенсацио́нная по́шлинаkompensaciónnaja póšlina
A duty or surtax levied on an imported article to offset an excise or inland revenue tax placed upon articles of the same class manufactured domestically.
- a duty imposed to offset subsidies by foreign governments
Translations
1 languagesBy meaning 1
Forms
plural: countervailing duties| Singular | countervailing duty |
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regular
Word family
1 related wordsSee also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.