Word Meaning

poundage definition and meaning

n. A sum deducted from a pound, or a certain sum paid for each pound; a commission.
n. A subsidy of twelve pence in the pound, formerly granted to the crown on all goods exported or imported, and if by aliens, more.
n. 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.
v. t. To collect, as poundage; to assess, or rate, by poundage.
n. Confinement of cattle, or other animals, in a public pound.
n. A charge paid for the release of impounded cattle.