Words / C / Business

countervail

verb/ˌkaʊntəˈveɪl/

C2CEFR level
88/100Rarity: very rare
TechnicalRegister

To offset the effect of a foreign subsidy by imposing a compensating duty.

Washington moved to countervail the export credits underwriting rival aircraft.

Similar: offset, counterbalance

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Economics