let-out

(lĕt′out′)

n. Chiefly British

A means of evasion or avoidance.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Translations

let-out

[ˈletaʊt]

A. N (Brit) → escapatoria f

B. CPD let-out clause N → cláusula f que incluye una escapatoria

Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

References in periodicals archive

There are inheritance tax let-outs for certain unquoted shares - the idea is to allow small businesses to be passed on.

Tax book offer is an 'invitation' to the sales team

The only stable long-term solution is an agreed international order which denies supra-national corporations such let-outs. But that's a distant possibility, made less likely by those who want to quit international organisations set up to control the worst excesses of free-market economies.

Companies who pay less tax make us all pay more; Dafydd Wigley Former Plaid MP writes for the Daily Post

And the more complete the ban, where they don't allow let-outs and so on, the more effective it is."

Europe moves slowly towards public place-smoking bans and EU compulsory legislation is unlikely

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