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Definition of Drawback

Babylon English

disadvantage; difficulty; restitution; refund of tax on merchandise that is exported later on
Drawback Definition from Language, Idioms & Slang Dictionaries & Glossaries
Webster's Revised Unabridged Dictionary (1913)
(n.)
Money paid back or remitted; especially, a certain amount of duties or customs, sometimes the whole, and sometimes only a part, remitted or paid back by the government, on the exportation of the commodities on which they were levied.
  
(n.)
A loss of advantage, or deduction from profit, value, success, etc.; a discouragement or hindrance; objectionable feature.
  
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter. About
hEnglish - advanced version

drawback
\draw"back`\ (?), n.
1. a loss of advantage, or deduction from profit, value, success, etc.; a discouragement or hindrance; objectionable feature. the avarice of henry vii must be deemed a drawback from the wisdom ascribed to him.
2. (com.) money paid back or remitted; especially, a certain amount of duties or customs, sometimes the whole, and sometimes only a part, remitted or paid back by the government, on the exportation of the commodities on which they were levied.

Anagram
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WordNet 2.0

Noun
1. the quality of being a hindrance; "he pointed out all the drawbacks to my plan"
(hypernym) disadvantage
(hyponym) catch
Drawback Definition from Business & Finance Dictionaries & Glossaries
Campbell R. Harvey's Hypertextual Finance Glossary
A tax or duty rebate on imported goods that are exported at a later date.
Copyright © 2000, Campbell R. Harvey. All Rights Reserved.
Drawback Definition from Encyclopedia Dictionaries & Glossaries
Wikipedia English - The Free Encyclopedia
Drawback, in law in commerce, paying back a duty previously paid on exporting excisable articles or on re-exporting foreign goods. The object of a drawback is to let commodities which are subject to taxation be exported and sold in a foreign country on the same terms as goods from countries where they are untaxed. It differs from a bounty in that a bounty lets commodities be sold abroad at less than their cost price; it may occur, however, under certain conditions that giving a drawback has an effect equivalent to that of a bounty, as in the case of the so-called sugar bounties in Germany (see sugar). The earlier tariffs contained elaborate tables of the drawbacks allowed on exporting or re-exporting commodities, but so far as the United Kingdom is concerned (as of 1911) the system of bonded warehouses practically abolished drawbacks, as commodities can be warehoused (placed in bond) until needed for exportation.

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Drawback Definition from Law Dictionaries & Glossaries
The 'Lectric Law Library
a recovery in whole or in part of duty paid on imported merchandise at the time of exportation, in the same or different form. An allowance made by the government to merchants on the reexportation of certain imported goods liable to duties, which, in some cases, consists of the whole; in others, of a part of the duties which had been paid upon the importation.
   

This entry contains material from Bouvier's Legal Dictionary, a work published in the 1850's.
Courtesy of the 'Lectric Law Library.
Drawback Definition from Sports Dictionaries & Glossaries
maritime&shipping&trade
A remission of duty or charges paid, in whole or in part, when imported goods are re-exported or used in the manufacture of exported goods.
A repayment of duty on the exportation of goods previously imported.