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Meaning of anticonduit | Babel Free

Adjective CEFR C1

Definitions

Prohibiting conduits.

not-comparable

Examples

“A captive, located in a qualified treaty country with an anticonduit provision, may reinsure with another reinsurer located in a taxable country. Therefore the anticonduit provisions would be violated, and the exemption would be lost.”

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

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