A vat is a large container that is used to hold liquids. Sometimes it is used to hold oil, but it is more common to use it to hold water.

  • The factory was using the vats to hold the oil.

  • The vats were used to water the plants.

Definition of vats


a tax levied on the difference between a commodity's price before taxes and its cost of production


ad valorem tax, value-added tax


a large open vessel for holding or storing liquids



Nearby Words

vats Pronunciation in a video

Example Sentences for vats

  • 1

    The island continues to wean off of taxes outside of the VAT system.

  • 2

    The CSG is currently the second most important tax in France, after the VAT.

  • 3

    The description of the VAT makes no sense.

  • 4

    No, the customs territory is not the same as the VAT territory.

  • 5

    Previously, Linden Lab absorbed the cost of the VAT.

  • 6

    He then absconds with the VAT instead of paying it to the Government.

  • 7

    Citizens pay VAT everytime they buy products.

  • 8

    Another issue is the treatment of VAT for operators in the European Union.

  • 9

    The description for the Hawaii GET sounds like the description of a VAT.

  • 10

    It is part of the EU, but is excluded from the customs union and the VAT area.