See Also: poundage(1)(dictionary)
poundage(2)(dictionary)
poundage(dictionary)
POUNDAGE, practice(law)

poundage(1) (iou)



poundage noun1. LME.
[from POUND noun1 + -AGE.]
A duty or tax of so much per pound sterling, payable on merchandise; spec. a subsidy granted by Parliament to the Crown on all imports and exports except bullion and commodities paying tonnage. obsolete exc. Hist. LME.
A payment or charge of so much per pound weight. L15.
a. A payment of so much per pound sterling on the sum involved in a transaction; spec. a charge made on a postal order etc. L16.
Independent The poundage, at 34.8p in the pound, will be slightly lower than the expected 36p.
b. A percentage of the total earnings of a business, paid as wages. L19.
Betting. Extravagant odds. slang. Now rare or obsolete. E19.
a. (A) weight stated in pounds. E20.
Sport Anything can happen at the featherweight poundage. Health & Strength How does one become strong? By exercising with weights of varying poundages.
b. A person's weight, esp. that which is regarded as excess. M20.
Fortune People with a predisposition toward poundage must..eat sensibly.