Word info

throwout

Noun

Meaning

(printing) A folded sheet that opens out to one side; half a gatefold.

(rare) One who has been rejected by society; an outcast.

(US, accounting) A practice to avoid untaxed nowhere income by instead assuming the untaxed transaction is taxed in the originating state in a notional proportion to other taxable transactions.

Coordinate terms: nowhere income, throwback

Source: en.wiktionary.org

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