countervailing duty

countervailing duty
/'kaυntəveɪlɪŋ ˌdju:ti/ noun
a duty imposed by a country on imported goods, where the price of the goods includes a subsidy from the government in the country of origin.
Also called anti-dumping duty

Dictionary of banking and finance. 2015.

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  • countervailing duty — ➔ duty * * * countervailing duty UK US noun [C] ► ECONOMICS, TAX a tax on particular imports in order to make the goods less cheap in comparison with similar, more expensive, goods produced in the importing country: »The Commerce Department… …   Financial and business terms

  • countervailing duty —  Import tax intended to protect a domestic industry.  ► “Anti dumping and countervailing duty laws (jointly referred to as Title VII laws), for example, are used to counter the alleged practices of dumping and government subsidization,… …   American business jargon

  • countervailing duty — ▪ economics        tariff or tax levied to neutralize the unwanted or unintended effects of other duties. When domestic producers are subject to sales taxes (sales tax) or turnover taxes (levied on gross sales), countervailing tariffs are… …   Universalium

  • countervailing duty — noun a) 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 …   Wiktionary

  • countervailing duty — /ˌkaʊntəveɪlɪŋ ˈdjuti/ (say .kowntuhvayling dyoohtee) noun Law a duty to prevent the dumping of goods by imposing a duty on the importer equal to the exporter s government subsidy …  

  • countervailing duty — noun a duty imposed to offset subsidies by foreign governments • Hypernyms: ↑duty, ↑tariff …   Useful english dictionary

  • countervailing duty — An extra import duty imposed by a country on certain imports. It is usually used to prevent dumping or to counteract export subsidies given by foreign countries …   Big dictionary of business and management

  • countervailing duty — extra payment imposed by a government on imported goods in order to protect local businesses …   English contemporary dictionary

  • countervailing duty — noun an import tax imposed on certain goods in order to prevent dumping or counter export subsidies …   English new terms dictionary

  • duty — A tax on imports, exports, or consumption goods. Bloomberg Financial Dictionary There are two main types of duty collected by HM Customs and Excise: one is import duty , which is duty charged on goods imported into the European Union ( EU); and… …   Financial and business terms

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