Understanding the meaning of vat - BoostVocab

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vat

/væt/

Synonyms of vat Antonyms of vat Examples of vat Usage of vat Parts of vat Definition that contains vat Words sounding like vat Explanation of vat

noun
a tax levied on the difference between a commodity's price before taxes and its cost of production
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Similar:

ad valorem tax value-added tax

type of:
excise excise tax
noun
a large open vessel for holding or storing liquids
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Similar:

tub

type of:
vessel

Explanation of vat

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