Investment tax credit



An amount that businesses are allowed by law to deduct from their taxes, reflecting an amount they reinvest in themselves.

Note: Investment tax credits are structured to reward and encourage economic growth.

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  • Investor

    [in-vest] /ɪnˈvɛst/ verb (used with object) 1. to put (money) to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciation in value. 2. to use (money), as in accumulating something: to invest large sums in books. 3. to use, give, or devote (time, talent, etc.), as for a […]

  • Inveteracy

    [in-vet-er-uh-see] /ɪnˈvɛt ər ə si/ noun 1. the quality or state of being or deeply ingrained: the inveteracy of people’s prejudices. n. 1690s, from inveterate + -cy.



  • Inveterate

    [in-vet-er-it] /ɪnˈvɛt ər ɪt/ adjective 1. settled or confirmed in a habit, practice, feeling, or the like: an inveterate gambler. 2. firmly established by long continuance, as a disease, habit, practice, feeling, etc.; chronic. /ɪnˈvɛtərɪt/ adjective 1. long established, esp so as to be deep-rooted or ingrained: an inveterate feeling of hostility 2. (prenominal) settled […]

  • Inveterately

    [in-vet-er-it] /ɪnˈvɛt ər ɪt/ adjective 1. settled or confirmed in a habit, practice, feeling, or the like: an inveterate gambler. 2. firmly established by long continuance, as a disease, habit, practice, feeling, etc.; chronic. /ɪnˈvɛtərɪt/ adjective 1. long established, esp so as to be deep-rooted or ingrained: an inveterate feeling of hostility 2. (prenominal) settled […]



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