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excess-profits tax

noun

Definition of excess-profits tax 

: a tax imposed especially during war on business profits that are in excess of the average profits over a specified base period, of a specified rate of return on invested capital, or of a specified rate of return on certain military contracts

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Dictionary Entries near excess-profits tax

excess insurance

excessive

excess-loss reinsurance

excess-profits tax

excess reinsurance

exch

exchange

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