IPA: /ɪmˈpɒst/
KK: /ɪmˈpɔst/
A noun that refers to something that is imposed, such as a tax or duty, or the upper part of a column that supports an arch.
The impost on luxury goods has increased this year.
Impost comes from the Latin 'imponere' (meaning to place upon) which is formed from 'in-' (meaning on) and 'ponere' (meaning to place). The word originally referred to a tax or duty placed upon goods, hence the meaning of impost as a tax or levy.
Think of something being 'placed upon' ('imponere') as a tax or duty — that's why impost refers to a tax.