VAT Definition

(Brit)
1. A tax on goods and services sold which is calculated on the difference between the cost of raw materials and production, and the market value of the final product.

(Brit)
1. Value-added tax.

1. A large barrel or tank for storing or holding liquids, often used for fermentation, dyeing or tanning.

Thesaurus: tank, container, vessel, cistern, tub.
2. A liquid containing vat dye.

vatted, vatting
1. To put something into, or treat it in, a vat.