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poundage

Pronunciation: /ˈpaʊndɪdʒ/

Definition of poundage

noun

  • 1British a payment of a particular amount per pound sterling of the sum involved in a transaction.
  • a percentage of the total earnings of a business, paid as wages.
  • 2 [mass noun] weight, especially when regarded as excessive:reduce excess poundage without risking overexertion

poundage in other Oxford dictionaries

Definition of poundage in the US English dictionary