severance tax
severance tax · severance taxes
A state tax on the extraction of nonrenewable natural resources that will be used in…A state tax on the extraction of nonrenewable natural resources (such as minerals, petroleum, or natural gas) that will be used in another state.
Meaning
1 senses(US, countable, uncountable)A state tax on the extraction of nonrenewable natural resources (such as minerals, petroleum, or natural gas) that will be used in another state.
Forms
plural: severance taxes| Singular | severance tax |
|---|---|
| Plural | severance taxes |
regular
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable