ability to pay

Hello, you have come here looking for the meaning of the word ability to pay. In DICTIOUS you will not only get to know all the dictionary meanings for the word ability to pay, but we will also tell you about its etymology, its characteristics and you will know how to say ability to pay in singular and plural. Everything you need to know about the word ability to pay you have here. The definition of the word ability to pay will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofability to pay, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.

English

Noun

ability to pay (plural abilities to pay)

  1. (taxation, often attributive) An individual's level of wealth or income, as a measure of the tax rate they can afford to pay.
    ability-to-pay taxation
    an ability-to-pay approach
    Progressive taxes attempt to reduce the tax burden of people with a lower ability to pay.

Translations

See also