Business / Agriculture / Bound Tariff Rate: The most-favored-nation tariff rate resulting from negotiations under the General Agreement on Tariffs and Trade (GATT) and incorporated as an integral component of a country’s schedule of concessions or commitments to other WTO members. If a GATT contracting party raises a tariff to a higher level than its bound rate, the country or countries adversely affected have the right under GATT to retaliate against an equivalent value of the offending country’s exports or to receive compensation, usually in the form of reduced tariffs on other products they export to the offending country.
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Bound Adjective Synonyms: tied, fast, fixed, fastened, confined, secured
Bound Noun Synonyms: leap, jump, vault, spring, bounce, hop
Bound Verb Synonyms: limit, restrict, confine, delimit, define, circumscribe
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Rate Verb Synonyms: measure, pace, gait, speed, velocity, clip
Rate Noun Synonyms: rank, grade, class, classify, evaluate, estimate, calculate, compute, count, reckon, judge, gauge, assess, appraise, measure
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Tariff Adjective Synonyms: schedule (of charges), price-list, bill of fare, menu
Tariff Verb Synonyms: tax, assessment, duty, excise, levy, impost, toll, rate
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Science / Chemistry / Phase Boundary: A phase boundary is a surface where two samples of matter with different properties are in contact. The surface of a gas bubble in water or the surface of a crystal are examples of phase boundaries. MORE
Life Style / Poetry / Pherecratean: A classical greek and latin metrical pattern consisting of an iamb or a trochee, a dactyl, and a trochee or a spondee. MORE
Business / Finance / Personal Inflation Rate: The inflation rate as it affects a specific individual. MORE