Impost (Noun)
Meaning 1
The lowest stone in an arch -- from which it springs.
Classification
Nouns denoting man-made objects.
Synonyms
Hypernyms
Meaning 2
Money collected under a tariff.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The customs office was responsible for collecting the impost on the imported goods, which was used to fund infrastructure projects.
- In many countries, the impost on luxury goods like designer handbags and jewelry was significantly higher than on essential items.
- Historically, governments have used impost to raise revenue for military campaigns and other state expenditures.
- To reduce dependence on foreign aid, the country decided to impose a higher impost on imported electronics.
- The government expected the impost on oil imports to generate substantial revenue for the new budget.