TAX BREAK

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 break" 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)

Credits