Tariff-quota at Business Glossary

What is it? A tariff that is set at a lower rate until a specified quantity (the quota) of goods has been imported, at which point the tariff increases for additional imports.

Business Dictionary Term Definition Added By: Abby

Send To Friends!

If you'd like to send the Tariff-quota definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Tariff-quota. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Business Terms:

Business Term Operating lease is Short-term, cancelable lease. A type of lease in which the period of contract is less than the life of the equipment and the lessor pays all maintenance and servicing costs.

Business Term Aval is A guarantee of the buyers credit provided by the guarantor, unless the buyer is of unquestioned financial standing. The aval is an endorsement note as opposed to a guarantee agreement.

Business Term Cost center is A function in a business where the cost of producing a product or service is tracked and personnel are held accountable for performance.

Business Term PHS 398 Research Plan form is Form in the SF 424 Grant Application Package used to create the research plan.

Business Term Most Favored Nation is A trade policy commitment on the part of one nation to extend to another nation tariff rates as low as applies to any other most favored nations, and to treat imports from that nation without discrimination.