zero-rate(redirected from zero-rates)
tr.v. ze·ro-rat·ed, ze·ro-rat·ing, ze·ro-rates Chiefly British
To exempt from paying a value-added tax.
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.
(Commerce) commerce Brit to rate at a VAT level of zero
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