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— John Milton

Say, Heavenly Muse, shall not thy sacred vein 15

Afford a present to the Infant God?

Hast thou no verse, no hymn, or solemn strain,

To welcome him to this his new abode,

…

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adjective

Able to be tolerated or allowed; satisfactory or suitable for a particular purpose or situation.

“The teacher said that a score of 70% or higher was acceptable for passing the test.”

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Dictionary Entry

tax shelter

Part of SpeechnounPronunciation/tæks ˈʃɛl.tər/

A legal structure that reduces tax liability for a person or that person's assets.

In a Sentence

“Many investors use a tax shelter to lower the amount of tax they owe on their earnings.”

Origin

Coined in the late 20th century, combining tax and shelter to describe structures that protect income from taxes.

Common Phrases

Still being gathered for this entry.

Missing dictionary details are being fetched in the background.

Synonyms

tax breaktax advantagetax incentive

Antonyms

tax burdentax liability

Related Words

sheltertax shieldtax avoidancetax relieftax abatementtax incentivestuffingtax haven

Poetry examples for “tax shelter”

Excerpts from the ReadingWillow English Library collection.

Poetry examples are still being gathered for this entry. They will appear here once matching poems are available in the library.