Recent Examples of vat from the Web
Next, the fresh buds are quickly transferred to a nearby factory, where they are poured into huge metal vats for pressing.
Now, with the winery’s fermentation vats already full, Hoefliger’s grapes sit in hundreds of barrels scattered across the winery.
Bob Schiller, a longtime television writer who had a hand in putting Lucy in a vat of grapes, getting Maude memorably slapped and pitting Edith Bunker against a rapist, died on Tuesday in Los Angeles.
At the Perovski Estate Winery, for example, four, large shiny new Bulgarian fermentation vats gurgle away behind a chicken wire fence.
Any container would do—whiskey or ale jugs, salt or turpentine vats.
To encourage the spores to grow into their single-celled stage, farmers import shells from oyster fisheries, string them on fishing line, and hang them in huge vats of water that reproduce the ideal environment for the pink sludge to grow.
At the end of the movie, in another plot tie-in, as a skeleton rises out of a vat of acid, another skeleton hidden in a box above the screen dropped down on a zip line and glided above the audience.
For one thing, nobody drowned in the vat of mayonnaise that was in the EverBank Field parking lot.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'vat.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Origin and Etymology of vat
First Known Use: 12th centurySee Words from the same year
First Known Use of vat
Definition of VAT
Financial Definition of VAT
What It Is
A value added tax (VAT) is a consumption tax added to a product's sales price. It represents a tax on the "value added" to the product throughout its production process.
How It Works
The VAT system is invoice-based. Each seller in the product chain includes a VAT charge on the buyer's invoice. Under a VAT taxation system, all sellers collect the tax and then pay it to the government. The VAT gives sellers along the supply chain a direct economic motivation to collect the tax, thereby reducing the incidence of tax evasion.
Don't confuse the VAT with sales tax. Under a sales tax, the tax is collected only once at the consumer's point of purchase. The VAT tax, however, is collected every time a business purchases products from other businesses within the product's supply chain.
Why It Matters
The VAT is a highly efficient flat consumption tax that reduces the incidence of non-compliance. More than 100 countries have adopted it -- with rates ranging from 10% - 25%.
Investors who are looking for safer overseas investments should consider whether the prospective country uses a VAT, which indicates a more stable fiscal environment.
VAT Defined for English Language Learners
VAT Defined for Kids
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