anticonduit

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English[edit]

Etymology[edit]

anti- +‎ conduit

Adjective[edit]

anticonduit (not comparable)

  1. (finance) Prohibiting conduits.
    • 2010, Brian Dooley, International Taxation in America:
      A captive, located in a qualified treaty country with an anticonduit provision, may reinsure with another reinsurer located in a taxable country. Therefore the anticonduit provisions would be violated, and the exemption would be lost.
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