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tax shelter vs step-down

step-down vs tax shelter

tax shelter and step-down both are nouns.

Word NounAdjectiveVerbAdverb
tax shelter Yes No No No
step-down Yes No No No
As nouns, step-down is a hypernym of tax shelter; that is, step-down is a word with a broader meaning than tax shelter:
  • tax shelter: a way of organizing business to reduce the taxes it must pay on current earnings
  • step-down: the act of decreasing or reducing something
Other hypernyms of tax shelter include decrease, diminution, reduction.
tax shelter (noun) step-down (noun)
a way of organizing business to reduce the taxes it must pay on current earnings the act of decreasing or reducing something
Difference between tax shelter and step-down

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