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TeachMeFinance.com - explain Stamp-duty historic definition... Stamp-duty -- In Great Britain a duty or tax imposed on the paper or parchment on which legal instruments are written; also, a duty or tax imposed on certain commodities to which (when in package) a government label is attached in evidence that the duty or tax has been paid. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.