/ English Dictionary |
TAX SHELTER
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
A way of organizing business to reduce the taxes it must pay on current earnings
Synonyms:
shelter; tax shelter
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("tax shelter" is a kind of...):
decrease; diminution; reduction; step-down (the act of decreasing or reducing something)