from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A financial arrangement, such as the use of special depletion allowances, that reduces taxes on current earnings.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A legal structure that reduces tax liability for a person or that person's assets.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. a way of organizing business to reduce the taxes it must pay on current earnings


Sorry, no etymologies found.


Sorry, no example sentences found.

Wordnik is becoming a not-for-profit! Read our announcement here.


Log in or sign up to get involved in the conversation. It's quick and easy.