zero-rating


ze·ro-rate

(zîr′ō-rāt′, zē′rō-)tr.v. ze·ro-rat·ed, ze·ro-rat·ing, ze·ro-rates Chiefly British To exempt from paying a value-added tax.

zero-rating

n 1. (Commerce) the process of rating goods at a VAT level of zero 2. (Commerce) a rating of zero for value-added tax on goods