poundageˈpaʊn dɪdʒ
poundage (n)
- plural
- poundages
English Definitions:
poundage (noun)
a charge based on weight measured in pounds
poundage (noun)
a fee charged for the recovery of impounded animals
poundage (noun)
weight expressed in pounds
impoundment, impounding, internment, poundage (noun)
placing private property in the custody of an officer of the law
poundage (Noun)
a charge based on the weight of something in pounds
poundage (Noun)
a charge based on the value of something in pounds sterling
poundage (Noun)
a weight measured in pounds
poundage (Noun)
a fee charged for keeping an animal in a pound, or for its release
poundage (Noun)
the keeping of an animal in a pound
Poundage
In English law, poundage was an ad valorem customs duty imposed on imports and exports at the rate of 1 shilling for every pound of goods imported or exported. The levy was introduced in 1347 and continued for many years at the same rate until after the Restoration from when Parliament set the rates according to current needs. Poundage was closely associated with tonnage, or tunnage, which was a duty on every tun of wine imported.
Poundage
In English law, poundage was an ad valorem (in proportion to value) customs duty imposed on imports and exports at the rate of 1 shilling for every pound (of weight) of goods imported or exported.Poundage was implemented in order to keep a strong naval force that would protect the Kingdom of England. The custom duty would allow the Monarch of the Kingdom to collect money that would then be spent to develop and maintain the naval force that protects the Kingdom.Poundage was closely associated with tonnage, or tunnage, which was a duty on every tun of wine imported.
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"poundage." Kamus.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.kamus.net/english/poundage>.
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