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value-added tax

value-added tax
V v

Transcription

    • US Pronunciation
    • US IPA
    • [val-yoo-ad-id taks]
    • US Pronunciation
    • US IPA
    • [val-yoo-ad-id taks]

Definitions of value-added tax words

  • noun value-added tax an excise tax based on the value added to a product at each stage of production or distribution: value added is arrived at by subtracting from the total value of the product at the end of each production or distibution stage the value of the goods bought at its inception. Abbreviation: VAT. 1
  • uncountable noun value-added tax Value-added tax is a tax that is added to the price of goods or services. The abbreviation VAT is also used. 0
  • noun value-added tax a form of indirect sales tax paid on products and services at each stage of production or distribution, based on the value added at that stage and included in the cost to the ultimate consumer 0
  • noun value-added tax Alternative form of value added tax. 0
See all 4 definitions of value-added tax

Information block about the term

Origin of value-added tax

First appearance:

before 1930
One of the 10% newest English words
First recorded in 1930-35

Historical Comparancy

Parts of speech for Value-added tax

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Full grammatical hierarchy of Value-added tax

value-added tax popularity

This term is known only to a narrow circle of people with rare knowledge. Only 2% of English native speakers know the meaning of this word.
According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

Synonyms for value-added tax

noun value-added tax

  • indirect tax — a tax levied indirectly, as one levied on commodities before they reach the consumer but ultimately paid by the consumer as part of the market price.
Just one Synonym for value-added tax

See also

Matching words

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