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English definition of “shelter”

shelter

verb [T] (AVOID TAX)    /ˈʃel.tər/ US  /-t̬ɚ/ US
If you shelter income, you legally avoid paying taxes on it: Their accountant suggested some novel ways of sheltering their retirement income.Taxation
(Definition of shelter verb (AVOID TAX) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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