In English law, poundage is an archaic form of
Poundage on postal orders
The poundage is also the charge imposed on the sale of a
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poundage — pound‧age [ˈpaʊndɪdʒ] noun [uncountable] FINANCE TAX a charge or tax made on each pound in money or in weight: • If the house was valued at £30,000 and the local poundage was 2p in the pound, the tax would be £30,000 × 0.02 or £600 a year. • The… … Financial and business terms
Poundage — Pound age, v. t. To collect, as poundage; to assess, or rate, by poundage. [R.] [1913 Webster] … The Collaborative International Dictionary of English
Poundage — Pound age, n. 1. A sum deducted from a pound, or a certain sum paid for each pound; a commission. [1913 Webster] 2. A subsidy of twelve pence in the pound, formerly granted to the crown on all goods exported or imported, and if by aliens, more.… … The Collaborative International Dictionary of English
Poundage — Pound age, n. [See 3d {Pound}.] 1. Confinement of cattle, or other animals, in a public pound. [1913 Webster] 2. A charge paid for the release of impounded cattle. [1913 Webster] … The Collaborative International Dictionary of English
poundage — ► NOUN Brit. 1) a commission of a particular amount of the sum involved in a transaction. 2) a percentage of the total earnings of a business, paid as wages. 3) weight … English terms dictionary
poundage — poundage1 [poun′dij] n. 1. a tax, rate, or commission, etc. per pound (sterling or weight) 2. weight in pounds poundage2 [poun′dij] n. 1. confinement in or as in a pound, or enclosure 2. the fee required to free animals from a pound … English World dictionary
poundage — pound|age [ paundıdʒ ] noun uncount 1. ) weight in pounds: Poundage has been reduced to improve fuel efficiency. 2. ) BUSINESS a payment calculated according to the weight in pounds: They were paid on a poundage basis … Usage of the words and phrases in modern English
poundage — noun (U) technical 1 an amount charged for every pound in weight, or for every British 1 in value 2 informal weight: trying to shed that extra poundage … Longman dictionary of contemporary English
Poundage quota — A poundage quota, also called a marketing quota, is a quantitative limit on the amount of a commodity that can be marketed under the provisions of a permanent law. Once a common feature of price support programs, this supply control mechanism… … Wikipedia
poundage fees — See poundage … Ballentine's law dictionary
