beps
Word Rarity
Very rare
Frequency: Zipf frequency 1.91 in modern English
8
Scrabble Score
4
Letters
1
Syllables
4
Unique Chars
Meaning
noun
Acronym of base erosion and profit shifting, a corporate tax planning strategy used by multinationals to "shift" profits from higher-tax jurisdictions to lower-tax jurisdictions or no-tax locations where there is little or no economic activity, thus "eroding" the tax base of the higher-tax jurisdictions using deductible payments such as interest or royalties.
Uncountable