tax credit

World English Dictionary
tax credit
 
n
(in Britain) a social security benefit paid in the form of an additional income tax allowance

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Tax credit is always a great word to know.
So is lollapalooza. Does it mean:
a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
WordNet
tax credit

noun
a direct reduction in tax liability (not dependent on the taxpayer's tax bracket) 
WordNet® 3.0, © 2006 by Princeton University.
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