hypothecated taxes Meaning in Cambridge Business English Dictionary
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Meaning of "hypothecated taxes" - Business English Dictionary

hypothecated taxes

noun [plural]
 
 
TAX money collected from a particular tax, which can only be spent for one particular purpose: Hypothecated taxes from gambling are often used to fund a "good cause" such as education or economic development.
(Definition of hypothecated taxes from the Cambridge Business English Dictionary © Cambridge University Press)
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