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poundage In English law, poundage was an ''ad valorem'' customs duty imposed on imports and exports at the rate of 1 shilling for every pound of goods imported or exported.〔Higgs, Henry. ''Palgrave's Dictionary of Political Economy'', Macmillan & Co. Ltd., London, 1926, p.548.〕 The levy was introduced in 1347 and continued for many years at the same rate until after the Restoration from when Parliament set the rates according to current needs.〔 Poundage was closely associated with ''tonnage'', or ''tunnage'', which was a duty on every tun of wine imported.〔 == Poundage on postal orders ==
In Britain, and elsewhere, the term ''poundage'' is used for the charge imposed on the sale of a postal order.〔Annual Register 1914, p.262.〕
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