VAT (vatted, vatting)

Pronunciation (US):

(GB):

IPA (US):

Irregular inflected forms: vatted    , vatting   

 Dictionary entry overview: What does VAT mean? 

• VAT (noun)
  The noun VAT has 2 senses:

1. a tax levied on the difference between a commodity's price before taxes and its cost of production

2. a large open vessel for holding or storing liquids

  Familiarity information: VAT used as a noun is rare.

 Dictionary entry details 

• VAT (noun)

Sense 1

Meaning:

A tax levied on the difference between a commodity's price before taxes and its cost of production

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

ad valorem tax; value-added tax; VAT

Hypernyms ("VAT" is a kind of...):

excise; excise tax (a tax that is measured by the amount of business done (not on property or income from real estate))

Sense 2

Meaning:

A large open vessel for holding or storing liquids

Classified under:

Nouns denoting man-made objects

Synonyms:

tub; vat

Hypernyms ("vat" is a kind of...):

vessel (an object used as a container (especially for liquids))

Hyponyms (each of the following is a kind of "vat"):

washtub (a tub in which clothes or linens can be washed)

 Context examples 

Yell, boys, that vas vat I wondered, when sudden I seed two legs a-stickin’ up out o’ the crowd a long vay off, just like these two vingers, d’ye see, and I knewed they vas Bob’s legs, seein’ that ’e ’ad kind o’ yellow small clothes vid blue ribbons—vich blue vas ’is colour—at the knee.

(Rodney Stone, by Sir Arthur Conan Doyle)