| / English Dictionary |
TAX BENEFIT
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A tax deduction that is granted in order to encourage a particular type of commercial activity
Synonyms:
tax benefit; tax break
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("tax benefit" 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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