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Franking
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Meaning
Noun
●
In Philately:
A
device
or
marking
such as
postage stamp
,
printed
or
stamped
impressions
,
codings
,
labels
,
manuscript
writings
, or any other
authorized
form of
markings
affixed
or
applied
to
mails
to
qualify
them to be
postally
serviced.
●
In Australian English & Finance:
A
corporate tax
system in which some or
all of
the
tax
paid
by a company may be
attributed
, or
imputed
, to the
shareholders
by way of
a
tax credit
to reduce the
income tax
payable
on a distribution.
Verb
●
present participle
and
gerund
of frank
Sourced from
Wiktionary
Related
Superannuation
Depreciation
Carried Interest
Withholding Tax
Capital Gains Tax
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