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English definition of “bracket”

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bracket

noun [C]
 
 
/ˈbrækɪt/
a set group with fixed upper and lower limits into which people or things are divided: in a bracket The pay increase in the 26-30 age bracket has been 15.5%. Those in the top income brackets are getting a bigger share of total income than at any time since World War II. For properties in the €250,000 to €300,000 price bracket, the agent charges a fixed fee of €500. →  See also bulge-bracket , tax bracket
(Definition of bracket from the Cambridge Business English Dictionary © Cambridge University Press)
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