What's the difference between price and tariff?

Price


Definition:

  • (n. & v.) The sum or amount of money at which a thing is valued, or the value which a seller sets on his goods in market; that for which something is bought or sold, or offered for sale; equivalent in money or other means of exchange; current value or rate paid or demanded in market or in barter; cost.
  • (n. & v.) Value; estimation; excellence; worth.
  • (n. & v.) Reward; recompense; as, the price of industry.
  • (v. t.) To pay the price of.
  • (v. t.) To set a price on; to value. See Prize.
  • (v. t.) To ask the price of; as, to price eggs.

Example Sentences:

  • (1) But when he speaks, the crowds who have come together to make a stand against government corruption and soaring fuel prices cheer wildly.
  • (2) Senator Bernie Sanders of Vermont, who is also seeking the Democratic presidential nomination, recently proposed a bill that would ease the financial burden of prescription drugs on elderly Americans by allowing Medicare, the national social health insurance program, to negotiate with the pharmaceutical companies to keep prices down.
  • (3) McDonald said cutting better deals with suppliers and improving efficiency as well as raising some prices had only partly offset the impact of sterling’s fall against the dollar.
  • (4) A tiny studio flat that has become a symbol of London's soaring property prices is to be investigated by planning, environmental health and fire safety authorities after the Guardian revealed details of its shoebox-like proportions.
  • (5) Obamacare price hikes show that now is the time to be bold | Celine Gounder Read more No longer able to keep patients off their plans outright, insurers have resorted to other ways to discriminate and avoid paying for necessary treatments.
  • (6) He said: "Monetary policy affects the exchange rate – which in turn can offset or reinforce our exposure to rising import prices.
  • (7) And, as elsewhere in this epidemic, those on the frontline paid the highest price: four of the seven fatalities were health workers, including Adadevoh.
  • (8) "If you look at the price HP paid, it was an excellent deal for the Autonomy shareholders.
  • (9) An unexpected result of the Greek crisis has been a flight of capital into British government bonds, which has seen gilt prices fall.
  • (10) Aldi, Lidl and Morrisons are to raise the price they pay their suppliers for milk, bowing to growing pressure from dairy farmers who say the industry is in crisis.
  • (11) But the condition of edifices such as B30 and B38 - and all the other "legacy" structures built at Sellafield decades ago - suggest Britain might end up paying a heavy price for this new commitment to nuclear energy.
  • (12) George Osborne said the 146,000 fall in joblessness marked "another step on the road to full employment" but Labour and the Trades Union Congress (TUC) seized on news that earnings were failing to keep pace with prices.
  • (13) They could go out and trade for a pitcher such as the New York Mets’ Bartolo Colón , an obvious choice despite his 41 years, but he would come with an $11m price tag for next season and have to pass through the waiver wires process first – considering the wily mood Billy Beane is in this year, the A’s could be the team that blocks such a move.
  • (14) At 9.30am, ITV was at 69.2p, up 1.7% on last night's closing price.
  • (15) Photograph: Christopher Thomond for the Guardian I don’t know how much my parents paid for their home but in 1955 the average house price for the whole country was £1,891.
  • (16) Supermarkets are slashing the price of cauliflower because a relatively warm start to the year has produced a glut of florets.
  • (17) To settle the case, Apple and the four publishers offered a range of commitments to the commission that will include the termination of current agency agreements, and, for two years, giving ebook retailers the freedom to set their own prices for ebooks.
  • (18) Large price cuts seem to have taken a toll on retailer profitability, while not necessarily increasing sales substantially,” Barclaycard concluded.
  • (19) In Europe, for example, the basket of goods tested has fallen 18% in Greece (Corfu) to £57.50, making prices a third cheaper than Italy (Sorrento) at £87.06, the most expensive of six eurozone destinations surveyed.
  • (20) The UN estimates that at least 10 million people in east Africa will be in need of humanitarian assistance as a result of severe food shortages, failed harvest, rising food prices and conflict in the region.

Tariff


Definition:

  • (n.) A schedule, system, or scheme of duties imposed by the government of a country upon goods imported or exported; as, a revenue tariff; a protective tariff; Clay's compromise tariff. (U. S. 1833).
  • (n.) The duty, or rate of duty, so imposed; as, the tariff on wool; a tariff of two cents a pound.
  • (n.) Any schedule or system of rates, changes, etc.; as, a tariff of fees, or of railroad fares.
  • (v. t.) To make a list of duties on, as goods.

Example Sentences:

  • (1) The announcement on feed-in tariffs will be welcomed by Labour backbenchers, who staged the biggest revolt of Gordon Brown's leadership over the issue.
  • (2) Ofgem said separately that tougher rules taking effect on Tuesday would ban energy companies from increasing prices on fixed-term tariffs.
  • (3) Trump might claim that the loss of manufacturing jobs or the influx of illegal immigrants from Mexico is a national security crisis that justifies his invocation of this law, and imposition of the tariff.
  • (4) It’s a damp squib, a bit of a nothing result,” a leading energy analyst said of a report that is widely expected to endorse provisional findings released in March , and recommend price controls on prepayment meters and setting up a customer database to help rival suppliers target customers stuck on expensive default tariffs.
  • (5) • Feed-in tariffs (FITs) for small-scale renewables: Fears that existing FITs would be cut were unfounded.
  • (6) There is also the issue of fair sentencing – if a person has a violent fight in a bar and is sentenced to an IPP with a two year tariff, and then finds himself stuck in the system six years later he has received a punishment three times more severe than the crime he committed in the eyes of the court.
  • (7) Fact-check: Donald Trump on trade, globalization and the Clintons Read more While not mentioning Trump by name, Lagarde made it clear she strongly opposed the Republican candidate’s policies, which include higher US tariffs and a barrier along the border with Mexico.
  • (8) It said 3,531 IPP prisoners had passed their tariffs – the dates set by their trial judge for their earliest release.
  • (9) Britain’s biggest energy provider said that the price cut, which will take effect from 27 August, would reduce annual energy bills on average by £35 and benefit 6.9 million of its customers on Standard and Fix & Fall tariffs.
  • (10) The Federal Chamber of Automotive Industries, which represents carmakers, also says any move to reduce quickly the 5% tariff on imported cars – which will make new cars up to $2000 cheaper – may also force earlier closure.
  • (11) "It really likes the fact that 95% of cars on the road are built here, thanks to very high tariffs on imported cars.
  • (12) Taking out low-risk, high-volume, interventions which injected money into the NHS – due to the pricing of the tariff – is exposing NHS hospitals to the risk of financial failure.
  • (13) Experts say it is not delivering fast enough and a campaign for a feed-in tariff is growing, although the government dismisses FITs as too "interventionist".
  • (14) At £977 a year, its Thames Online tariff fixes prices for 12 months – and customer service reports are more positive.
  • (15) All households should therefore check their tariff and search the market to see if they can save money elsewhere, and consider fixing.
  • (16) As soon as the feed-in tariff was removed, that position looked very different.” What’s more, Rumble believes that solar energy was just a few years away from being cheap enough not to require government support to grow.
  • (17) First Utility's cheapest fixed rate tariff, iSave Fixed v4, which sets prices until March 2014, costs £1,087.
  • (18) A spokeswoman for the prime minister claimed that Ofgem's proposals, which would prevent suppliers from offering any more than four primary tariffs for each fuel type, would sit alongside Cameron's stated plans for legislation which could force suppliers to give customers the cheapest deals.
  • (19) If prices rise by 10% from current levels users will, on average, be £142 a year better off on the EDF tariff.
  • (20) Another difficulty is that the US is faster and more determined than the EU to impose tariffs when it judges that illegal Chinese dumping is taken place.