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. [Eng.] --Blackstone. [1913 Webster]

3. (Law) The sum allowed to a sheriff or other officer upon the amount realized by an execution; -- estimated in England, and formerly in the United States, at so much of the pound. --Burrill. Bouvier. [1913 Webster]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • 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. [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 — In English law, poundage is an archaic form of customs duty imposed on imports and exports. Poundage was applied at a rate of 12 old pence in the pound (equivalent to five pence in the pound today). Poundage was introduced in 1302 and abolished… …   Wikipedia

  • 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 — I. noun Date: circa 1500 1. a charge per pound of weight 2. weight in pounds II. noun Date: 1554 impoundment 1 …   New Collegiate Dictionary

  • poundage — poundage1 /pown dij/, n. 1. a tax, commission, rate, etc., of so much per pound sterling or per pound weight. 2. weight in pounds. [1350 1400; ME; see POUND2, AGE] poundage2 /pown dij/, n. 1. confinement within an enclosure or within certain… …   Universalium

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