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Dictionary

Words, grammatical forms and meanings linked to the ontology.

anticonduit en · ADJ

Etymology

From anti- + conduit.

Meanings

  1. (not-comparable) Prohibiting conduits.
    • A captive, located in a qualified treaty country with an anticonduit provision, may reinsure with another reinsurer located in a taxable country. Therefore the anticonduit provisions would be violated, and the exemption would be lost. 2010, Brian Dooley, International Taxation in America: