vat Definition in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “vat” - English Dictionary

Definition of "vat" - American English Dictionary

See all translations

vatnoun [C]

 us   /væt/
a ​largecontainer for ​mixing or ​storingliquids, esp. as used in ​industry: The ​grapes are ​crushed in ​deepwooden vats.
(Definition of vat from the Cambridge Academic Content Dictionary © Cambridge University Press)

Definition of "vat" - British English Dictionary

See all translations

vatnoun [C]

uk   us   /væt/
a ​largecontainer used for ​mixing or ​storingliquidsubstances, ​especially in a ​factory: a vat ofwine/​oil

VATnoun [U]

(also Vat) uk     us   /ˌviː.eɪˈtiː/ /væt/
valueaddedtax (= a ​type of ​tax in ​Europeancountries that is ​paid by the ​person who ​buysgoods and ​services)
More examples
(Definition of vat from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

Definition of "VAT" - Business English Dictionary

See all translations

VATnoun [U]

uk   us   /ˌviːeɪˈtiː/ TAX
abbreviation for Value Added Tax: a ​tax that is ​paid at each ​stage in the ​production of ​goods or ​services, and by the ​finalcustomer. Businesses in the ​productionprocess take away the ​cost of inputs (= ​labour, ​materials, etc.) from the ​cost of outputs (= ​products and ​servicessold) to ​calculate the ​amount that they must ​pay: You can ​pay as little as £600 plus VAT for a powerful PC.including/excluding VAT The ​price is £19.99, ​including VAT. Those with a ​turnover of £51,000 or more have to ​register for VAT. Banking ​services are ​exempt from VAT.
(Definition of VAT from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of vat?
Add Cambridge dictionaries to your browser to your website
Word of the Day
public school

in England, an expensive type of private school (= school paid for by parents not by the government)

Word of the Day