[ ek-ses prof-its ]
/ ˈɛk sɛs ˈprɒf ɪts /
a tax on the profits of a business enterprise in excess of the average profits for a number of base years, or of a specified rate of return on capital.
Marsupial And Other Trending Words On Dictionary.comRead more in this article about some frequently asked questions and fun facts related to our definitions.
Hyper vs. HypoLet’s start from the top: Hyper- is a prefix that means excess or exaggeration, while hypo- is another prefix that means under or beneath. Both hyper and hypo are usually used as prefixes, which are elements or partial words added to the beginning of a base word to modify its meaning. Hyper is derived from the Greek word for over, and hypo is a Greek …
Origin of excess-profits tax
First recorded in 1910–15
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019