taxsheltered

tax shelter

noun
any financial arrangement (as a certain kind of investment or allowance) that results in a reduction or elimination of taxes due.

tax-shel·tered, adjective
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Collins
World English Dictionary
tax shelter
 
n
commerce a form into which business or financial activities may be organized to minimize taxation

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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00:10
Taxsheltered is always a great word to know.
So is callithumpian. Does it mean:
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question.
American Heritage
Cultural Dictionary

tax shelter definition


A type of investment that allows a reduction in one's taxable income. Examples include investments in pension plans and real estate.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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