Zollfreiheit
German
Etymology
Zoll (“customs/duty”) + Freiheit (“freedom”)
Pronunciation
- IPA(key): [ˈt͡sɔlˌfʁaɪ̯haɪ̯t]
- Hyphenation: Zoll‧frei‧heit
Noun
Zollfreiheit f (genitive Zollfreiheit, plural Zollfreiheiten)
- (economics, politics) exemption from customs duties, duty-free status (the condition of being exempt from paying customs duties on imports or exports, often within a free trade area)
- Innerhalb des europäischen Binnenmarktes herrscht weitgehende Zollfreiheit.
- Within the European single market, there is extensive exemption from customs duties.
- Die Zollfreiheit für bestimmte Rohstoffe soll die heimische Produktion ankurbeln.
- The duty-free status for certain raw materials is intended to stimulate domestic production.
Declension
Declension of Zollfreiheit [feminine]
Synonyms
- Abgabenfreiheit (exemption from levies)
Antonyms
- Zollpflicht (customs liability)
- Protektionismus (protectionism)
Coordinate terms
- Freihandel (free trade)
- Binnenmarkt (internal market)
- Wirtschaftskraft (economic power)
- Jahresüberschuss (net income; often higher due to lower procurement costs)
- Zahlungskraft (solvency)
Related terms
References
- “Zollfreiheit” in Digitales Wörterbuch der deutschen Sprache
- “Zollfreiheit” in Duden online