tax credit tax collector • tax cut · · · Info · Definitions · Characters · · tax credit · · Text Common · · Latin · · Scripts 10 · · Length 3 · · Syllables Definitions · · · (noun) a direct reduction in tax liability (not dependent on the taxpayer's tax bracket). Synonyms: tax credit. · · Noun Definition 1 Characters · · space U+0020 a latin small letter a U+0061 c latin small letter c U+0063 d latin small letter d U+0064 e latin small letter e U+0065 i latin small letter i U+0069 r latin small letter r U+0072 t latin small letter t U+0074 x latin small letter x U+0078