Meaning of VAT in English

VAT

n.

Pronunciation: ' vat

Function: noun

Etymology: Middle English fat, vat, from Old English fæt; akin to Old High German vaz vessel, Lithuanian puodas pot

Date: 12th century

1 : a large vessel (as a cistern, tub, or barrel) especially for holding liquors in an immature state or preparations for dyeing or tanning

2 : a liquor containing a dye converted into a soluble reduced colorless or weakly colored form that on textile material steeped in the liquor and exposed to the air is converted by oxidation to the original insoluble dye and precipitated in the fiber

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.