Definition for tax credit - Oxford Dictionaries Online (World English)

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	tax credit (tax credit) noun a sum that can be offset against a tax liability.		More words in this category behavioural economics BRIC capital levy cess 1 delink economic Group of Three landed monopoly capitalism outward investment ration book reinflate savings ratio snake social market economy tax wealth tax Wirtschaftswunder withholding tax Nearby Words tawny port tawse tax tax allowance tax and spend tax avoidance tax bracket tax break tax code tax credit tax disc tax evasion tax exile tax haven tax inspector tax loss tax point tax return tax shelter