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English definition of “shelter”

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shelter

verb [T]
 
 
/ˈʃeltər/ TAX
US if you shelter income, you find a legal way to avoid paying tax on it: shelter savings/assetsshelter sth from sb/sth The company needs to act now to shelter its assets from the taxman.
(Definition of shelter verb from the Cambridge Business English Dictionary © Cambridge University Press)
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