English

Definition of tax credit noun from the Oxford Advanced Learner's Dictionary

     

    tax credit

     noun
    noun
    BrE
     
    ; NAmE
     
     
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  1. 1money that is taken off your total tax bill
  2. 2money provided by the government to people who need financial help, especially if they have children or are on a low income
See the Oxford Advanced American Dictionary entry: tax credit