To save this word, you'll need to log in.
Definition of countervailing duty
1 : a duty or surtax imposed on imports to offset an excise or inland revenue tax put upon articles of the same class manufactured at home
2 : a duty imposed to offset the advantage to foreign producers derived from a subsidy that their government offers for the production or export of the article taxed
Comments on countervailing duty
What made you want to look up countervailing duty? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
Challenging Vocabulary Quiz Returns!
- Which is a synonym of fuliginous?
Can you spell these 10 commonly misspelled words?
TAKE THE QUIZ
Test Your Knowledge - and learn some interesting things along the way.
TAKE THE QUIZLove words? Need even more definitions?
Merriam-Webster unabridgedWords at Play
Ask the Editors
Word Games
Share countervailing duty