Meaning of SAMBATHAM

SAMBATHAM

Language - Tamil

Tamil Word - சம்பாதம்

An agreement or settlement between merchants and traders with customs and excise authorities, often involving payment of a lump sum or negotiated tax rate to facilitate trade. Example: The 'sambatham' allowed the spice merchants to transport their goods through the port without paying individual duties on each item. This practice was prevalent in historical Tamil Nadu, particularly in port cities and trade routes. 'Sambatham' agreements could streamline trade and reduce administrative burdens for both merchants and authorities.