Definition Definition

poundage - Meaning and Examples

Meaning of 'poundage' (Webster Dictionary)

1 . Poundage [ n.]
- A sum deducted from a pound, or a certain sum paid for each pound; a commission.
- 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 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.
- Confinement of cattle, or other animals, in a public pound.
- A charge paid for the release of impounded cattle.
2 . Poundage [ v. t.]
- To collect, as poundage; to assess, or rate, by poundage.