to shelter
To arrange money or investments to reduce the tax someone must pay
- verb
- /ˈʃɛltər/
- Specialized
Phrasal Verbs
Compounds
tax shelter
- US
A plan or investment that helps people and companies pay less money to the government
fallout shelter
- Archaic
A room underground that protects people from radioactive dust after a nuclear blast
bombproof shelter
- Specialized
4.8
A very strong room or building that protects people from bomb explosions
3.7
A small tent shaped like a triangle without a floor that gives temporary cover outdoors
How Aggressive
Surface Forms
shelter infinitive
sheltered past
sheltered past participle
sheltering present participle
shelters third person singular
Etymology
Shelter as a verb in finance means to put money where it is 'protected' from tax, using the same idea as putting something in a shelter to keep it safe.