Words / D / Law

degrouping

noun/ˌdiːˈɡruːpɪŋ/

C2CEFR level
92/100Rarity: very rare
TechnicalRegister

The charge arising when a company leaves a group still holding assets transferred to it tax-free within that group.

The share sale triggered a degrouping charge on the property that had been moved between the subsidiaries.

Topic: Tax law in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Tax law