zero-rate

American  

[zeer-oh-reyt] / ˈzɪər oʊˌreɪt /

verb (used with object)

Chiefly British.

zero-rated, zero-rating

1. to exempt (merchandise or services) from value-added tax.

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Etymology

Origin of zero-rate

First recorded in 1970–75

Example Sentences

It earns revenue from card interest payments when customers carry loan balances beyond an initial zero-rate period, as well as from interchange and other fees.

From The Wall Street Journal

They advise long-term investors to buy assets considered "solutions to society's problems" such as infrastructure, inequality and climate change, but also to buy assets that lost out under the zero-rate environment such as value stocks, banks and European assets.

From Reuters

"The zero-rate environment of the past decade induced businesses to issue straight debt almost at will," Reddy said.

From Reuters

Even as the BOJ has stuck with its zero-rate policy, encouraging a weaker yen as the Federal Reserve raises U.S. rates, the government has intervened in the currency market to support the yen.

From Reuters

The BOJ’s commitment to its zero-rate programme puts it at odds with major economies that are shifting toward tighter monetary policy, although inflation in Japan is expected to creep up towards the central bank’s 2% target.

From Reuters