excess-profits tax
[ ek-ses prof-its ]
/ ˈɛk sɛs ˈprɒf ɪts /
noun
a tax on the profits of a business enterprise in excess of the average profits for a number of base years, or of a specified rate of return on capital.
Origin of excess-profits tax
First recorded in 1910–15
Words nearby excess-profits tax
excess demand,
excess insurance,
excess luggage,
excess sound pressure,
excess supply,
excess-profits tax,
excessive,
exch.,
exchange,
exchange force,
exchange rate