Online English learning Courses
    courses   dictionary
Double-click any word on the page to look it up in the dictionary.

Audio English.org » Dictionary » T » Tawney ... Taxonomical

TAX CREDIT

Pronunciation (US): 

 Dictionary entry overview: What does tax credit mean? 

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

1. a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)

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


 Dictionary entry details 


TAX CREDIT (noun)


Sense 1tax credit [BACK TO TOP]

Meaning:

A direct reduction in tax liability (not dependent on the taxpayer's tax bracket)

Classified under:

Nouns denoting possession and transfer of possession

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

decrease; diminution; reduction; step-down (the act of decreasing or reducing something)


 Learn English with... Proverbs of the week 
"Two heads are better than one." (English proverb)

"Do not stand like the bride at a wedding." (Albanian proverb)

"You need a brother, without one you're like a person rushing to battle without a weapon." (Arabic proverb)

"Many small creeks make a big river." (Danish proverb)

 Related FAQs: 
» CREDIT

Page delivered in 0.0387 seconds