WITHHOLDING TAX

Pronunciation (US): (GB):

Meaning:

Income tax withheld from employees' wages and paid directly to the government by the employer

Synonyms:

withholding; withholding tax

Classified under:

Nouns denoting possession and transfer of possession

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

income tax (a personal tax levied on annual income)

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

pay as you earn; PAYE (the British system of withholding tax)