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Definition of “vat” - English Dictionary

"vat" in American English

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vatnoun [C]

us   /væt/
a large container for mixing or storing liquids, esp. as used in industry: The grapes are crushed in deep wooden vats.
(Definition of vat from the Cambridge Academic Content Dictionary © Cambridge University Press)







(Definition of vat from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"VAT" in Business English

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VATnoun [U]

uk   /ˌviːeɪˈtiː/ us   TAX
abbreviation for Value Added Tax: a tax that is paid at each stage in the production of goods or services, and by the final customer. Businesses in the production process take away the cost of inputs (= labour, materials, etc.) from the cost of outputs (= products and services sold) 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)
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“vat” in English

Watching the detectorists
Watching the detectorists
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May 31, 2016
by Colin McIntosh You could be forgiven for thinking that old-fashioned hobbies that don’t involve computers have fallen out of favour. In fact, nothing could be further from the truth. If anything, the internet has made it easier for people with specialist hobbies from different corners of the world to come together to support one another

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