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

tax credit

noun
 
/ˈtæks kredɪt/
 
/ˈtæks kredɪt/
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  1. money that is taken off your total tax bill
  2. money provided by the government to people who need financial help, especially if they have children or are on a low income
See tax credit in the Oxford Advanced American DictionarySee tax credit in the Oxford Learner's Dictionary of Academic English
Check pronunciation: tax credit

Nearby words

trait
noun
 
 
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