hybrid mismatch
C2CEFR level
97/100Rarity: very rare
TechnicalRegister
A cross-border arrangement exploiting divergent tax characterisations of an instrument or entity to secure a deduction without matching income.
The anti-hybrid rules neutralised the deduction once the mismatch produced double non-taxation.
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.
Get words like hybrid mismatch on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.