legal cap
Americannoun
noun
Etymology
Origin of legal cap
An Americanism dating back to 1870–75
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The metric includes a $168 million impact from certain legal, tax and regulatory reserve changes and settlements, the company said.
From The Wall Street Journal • Feb. 10, 2026
Thomson Reuters Corp raised its full-year revenue forecast, which it said reflected strength in its legal, tax and accounting and corporates businesses, as it reported a better-than-expected second quarter profit on Thursday.
From Reuters • Aug. 4, 2022
He asked the Bureau of Internal Revenue, which he controlled, to put together a list of legal tax avoidance schemes.
From Salon • Dec. 18, 2021
The line between legal tax avoidance and illegal tax evasion is often murky, and it is constantly being stretched by inventive tax lawyers.
From Seattle Times • Oct. 2, 2018
Formerly these merchants paid only the legal tax, and they were permitted to trade without annoyance.
From The Empire of Russia by Abbott, John S. C. (John Stevens Cabot)
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.