- noun a tax which removes money from interest or dividends before they are paid to the investor, usually applied to non-resident investors
- noun an amount deducted from a person’s income which is an advance payment of tax owed (such as PAYE)
- noun income tax deducted from the pay cheque of an employee before they are paid
- noun a tax levied on interest or dividends before they are paid to the investor (usually applied to non-resident investors). Such tax may be reclaimed under a double taxation agreement.