English Dictionary

TAX BREAK

Pronunciation (US): Play  (GB): Play

IPA (US): 

 Dictionary entry overview: What does tax break mean? 

TAX BREAK (noun)
  The noun TAX BREAK has 1 sense:

1. a tax deduction that is granted in order to encourage a particular type of commercial activityplay

  Familiarity information: TAX BREAK used as a noun is very rare.


 Dictionary entry details 


TAX BREAK (noun)


Sense 1

Meaning:

A tax deduction that is granted in order to encourage a particular type of commercial activity

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

tax benefit; tax break

Hypernyms ("tax break" is a kind of...):

deduction; tax deduction; tax write-off (a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket)


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