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Tariff vs Payment - What's the difference?

tariff | payment |

As nouns the difference between tariff and payment

is that tariff is a system of government-imposed duties levied on imported or exported goods; a list of such duties, or the duties themselves while payment is (uncountable) the act of paying.

As a verb tariff

is to levy a duty on (something).

tariff

English

Noun

(wikipedia tariff) (en noun)
  • a system of government-imposed duties levied on imported or exported goods; a list of such duties, or the duties themselves
  • a schedule of rates, fees or prices
  • (British) a sentence determined according to a scale of standard penalties for certain categories of crime
  • Derived terms

    * tariffless

    Verb

    (en verb)
  • to levy a duty on (something)
  • payment

    English

    Noun

  • (uncountable) The act of paying.
  • (countable) A sum of money paid in exchange for goods or services.
  • * , chapter=7
  • , title= The Mirror and the Lamp , passage=“[…] This is Mr. Churchill, who, as you are aware, is good enough to come to us for his diaconate, and, as we hope, for much longer; and being a gentleman of independent means, he declines to take any payment .” Saying this Walden rubbed his hands together and smiled contentedly.}}

    Synonyms

    *

    Derived terms

    * down payment * grease payment * lubrication payment * payment in kind