Drawback

Defined in 7 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Kinney (1893), Black's (1891), Burrill (1850)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

An allowance made by the government to merchants on the re-exportation 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. For the various acts of congress which regulate drawbacks, see Brightly, Dig. U. S. Laws.

Ballentine's Law Dictionary

James A. Ballentine · 1916

A government rebate on the export of certain imports. See 113 Fed. (U. S.) 144, 51 C. C. A. 100.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

An allowance made by the government to merchants on the re-exportation 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. Goods can thus be sold in a foreign market at their natural cost in the home market. See U. S. R. S. tit 34, c. 9.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In the customs laws, this term denotes an allowance made by the government upon the duties due on imported merchandise when the importer, instead of selling it here, re-exports it; or the refunding of such duties if already paid. This allowance amounts, in some cases, to the whole of the original duties; in others, to a part only. A drawback is a device resorted to for enabling a commodity affected by taxes to be exported and sold in the foreign market on the same terms as if it had not been taxed at all. It differs in this from a bounty, that the latter enables a commodity to be sold for less than its natural cost, whereas a drawback enables it to be sold exactly at its natural cost. Downs v. U. S., 113 Fed. 144, 51 C. C. A. 100.

A Law Dictionary and Glossary

George C. Kinney · 1893

A remission of money paid for taxes, freight, or the like; a refunding of duties on the re-exportation of imported goods.

A Dictionary of Law

Henry Campbell Black · 1891

In thecustomstlaws, this term denotes an allowance made by the governinent upon the duties due on imported merchandise when the importer, instead of selling it here, re-exports it; or the refunding of such duties if already paid. This allowance amounts, in some cases, to the whole of the original duties; in others, to a part only. A drawback is a device resorted to for enabling a commodity affected by taxes to be exported and sold in the foreign market on the same terms as if it had not been taxed at all. It differsin this from a bounty, that the latter enables a commodity to be sold for less than its natural cost, whereas a drawback enables it to be sold exactly at its natural cost.

A New Law Dictionary and Glossary

Alexander M. Burrill · 1850

In commerce. An allowance made to merchants on the re-exportation of certain goods, which in some cases consists of the whole, in others of a part of the duties which had been psdd upon the importation. Eneyclop. Americ. See Debenture.