Variable Import Levy

Business / Agriculture / Variable Import Levy: A charge levied on imports that raises their price to a level at least as high as the domestic price. Such levies are adjusted frequently (hence 'variable') in response to changes in world market prices, and are imposed to defend administered prices set above world market prices. Under the Uruguay Round Agreement on Agriculture, the variable levies of the EU have been converted into fixed tariffs or tariff-rate quotas.

Other Words for Import

Import Verb Synonyms: meaning, sense, denotation, signification, gist, drift, thrust, intention, implication, purport, connotation, suggestion, allusion, intimation
Import Adjective Synonyms: introduce, bring in
MORE

Other Words for Variable

Variable Noun Synonyms: changeable, protean, changing, inconstant, varying, wavering, mercurial, fickle, capricious, unsteady, unfixed, unstable, uncertain, undependable, unpredictable, fluctuating, vacillating, mutable, chameleonic, chameleon-like
MORE

Levy

Business / Agriculture / Levy: The USDA defines levy as an import charge assessed by a country or group of countries not in accordance with a definite tariff schedule. The 'variable import levy' of the European Community was an exa MORE

Variable Interest Rate

Business / Debt / Variable Interest Rate: Interest rates offered by banks and financial institutions on loans or deposits which are liable to change according to circumstances. For example a movement in the interest rate set by the government MORE

Variable Lease

Business / Real Estate / Variable Lease: Allows for increases in the rental charges during the lease period. One of the more common is the graduated lease which provides for specified rent increases at set future dates. Another is the index MORE

Links
Home
Glossary
Thesaurus