zero-rate

[ zeer-oh-reyt ]
/ ˈzɪər oʊˌreɪt /

verb (used with object), ze·ro-rat·ed, ze·ro-rat·ing. Chiefly British.

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

Nearby words

  1. zero-coupon,
  2. zero-divisor,
  3. zero-emission,
  4. zero-emission vehicle,
  5. zero-point energy,
  6. zero-rated,
  7. zero-sum,
  8. zero-sum game,
  9. zero-zero,
  10. zeroth

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


British Dictionary definitions for zero-rated

zero-rated

adjective (zero rated when postpositive)

denoting goods on which the buyer pays no value-added tax although the seller can claim back any tax he has paid
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012