anticonduit
English edit
Etymology edit
Adjective edit
anticonduit (not comparable)
- (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.