Dictionary

graduated

adjective

: marked with lines for measuring

: gradually increasing

of a tax : increasing in rate as the thing being taxed (such as income) increases

Full Definition of GRADUATED

of a tax
:  increasing in rate with increase in taxable base :  progressive <a graduated income tax>
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First Known Use of GRADUATED

1861

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

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