Customs (Noun)
Meaning
Money collected under a tariff.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The customs officials collected a significant amount of money from the imported goods.
- A tariff is a tax or duty imposed by a country on imported goods, historically the primary source of government income from customs.
- Duties collected from customs amounts to billions of pesos every year.
- These levies are also known as customs duties or import duties.
- The customs revenue collected from the trade deals with neighboring countries exceeded last year's record.