pass-through
noun
\
Definition of pass-through
(Entry 1 of 2)
1 : the act, action, or process of offsetting increased costs by raising prices
2 : an opening in a wall between two rooms through which something (such as dishes) may be passed
3 US law : pass-through entity They structured the business as a pass-through to enjoy more beneficial tax treatment.
pass-through
adjectiveDefinition of pass-through (Entry 2 of 2)
: relating to or arising from a pass-through entity pass-through income
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