Definition, Meaning & Synonyms

aliquota

noun

ˌælɪˈkwɔːtə

Definition

A term used to describe a specific percentage or rate that is applied to a base amount, often seen in financial and tax contexts.

Examples

The aliquota for income tax varies depending on the taxpayer’s income bracket.
In order to calculate the total tax owed, you must multiply your income by the applicable aliquota.
The local government adjusted the aliquota for property tax this year.

Meaning

In finance and taxation, ‘aliquota’ refers to the variable rates that are applied to the calculation of taxes or other financial metrics, typically expressed as a percentage.