Definition of road pricing in English:
The practice of charging motorists to use busy roads at certain times, especially to relieve congestion in urban areas.
- That, at least in theory, might make increased charges to urban motorists that would accompany the introduction of road pricing easier to swallow.
- While this policy may work in some areas, traffic densities in most rural areas would make road pricing difficult to sustain.
- The notion that taxation might be used to adjust for externalities is gaining currency among policymakers for example, the ‘polluter pays’ principle and road pricing to reduce congestion.
Definition of road pricing in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Spain
Most popular in Malaysia
Most popular in India
Most popular in Pakistan